Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Silver Bow County, MT

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Silver Bow County, MT
Series ID MHICIUBMT30093A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1989-01-01 to 2022-01-01
Last Updated 2023-12-14 1:52 PM CST
Notes The U.S. Census Bureau provides annual estimates of income and poverty statistics for all school districts, counties, and states through the Small Area Income and Poverty Estimates (SAIPE) program. The bureau's main objective with this program is to provide estimates of income and poverty for the administration of federal programs and the allocation of federal funds to local jurisdictions. In addition to these federal programs, state and local programs use the income and poverty estimates for distributing funds and managing programs.

Household income includes income of the householder and all other people 15 years and older in the household, whether or not they are related to the householder. Median is the point that divides the household income distributions into two halves: one-half with income above the median and the other with income below the median. The median is based on the income distribution of all households, including those with no income.

A confidence interval is a range of values, from the lower bound to the respective upper bound, that describes the uncertainty surrounding an estimate. A confidence interval is also itself an estimate. It is made using a model of how sampling, interviewing, measuring, and modeling contribute to uncertainty about the relation between the true value of the quantity we are estimating and our estimate of that value. The "90%" in the confidence interval listed above represents a level of certainty about our estimate. If we were to repeatedly make new estimates using exactly the same procedure (by drawing a new sample, conducting new interviews, calculating new estimates and new confidence intervals), the confidence intervals would contain the average of all the estimates 90% of the time. For more details about the confidence intervals and their interpretation, see this explanation.
DATE VALUE
1989-01-01 24407
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28809
1994-01-01 .
1995-01-01 31945
1996-01-01 .
1997-01-01 33710
1998-01-01 34157
1999-01-01 32644
2000-01-01 33626
2001-01-01 33046
2002-01-01 33397
2003-01-01 34296
2004-01-01 35623
2005-01-01 36092
2006-01-01 37251
2007-01-01 43034
2008-01-01 41538
2009-01-01 43285
2010-01-01 40671
2011-01-01 42507
2012-01-01 43471
2013-01-01 44429
2014-01-01 43867
2015-01-01 45980
2016-01-01 49320
2017-01-01 49155
2018-01-01 51793
2019-01-01 54463
2020-01-01 59213
2021-01-01 57789
2022-01-01 63822

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