Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Valley County, MT
Series ID MHICIUBMT30105A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 25289
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28683
1994-01-01 .
1995-01-01 31094
1996-01-01 .
1997-01-01 32705
1998-01-01 32961
1999-01-01 32722
2000-01-01 34739
2001-01-01 33924
2002-01-01 33530
2003-01-01 34589
2004-01-01 36838
2005-01-01 37225
2006-01-01 38424
2007-01-01 40163
2008-01-01 42201
2009-01-01 42040
2010-01-01 44147
2011-01-01 49631
2012-01-01 45660
2013-01-01 49473
2014-01-01 50926
2015-01-01 51414
2016-01-01 51665
2017-01-01 52759
2018-01-01 53445
2019-01-01 57935
2020-01-01 53172
2021-01-01 62030
2022-01-01 82448
2023-01-01 70963

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