Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Billings County, ND
Series ID MHICIUBND38007A052NCEN
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 30841
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33790
1994-01-01 .
1995-01-01 30445
1996-01-01 .
1997-01-01 33425
1998-01-01 33470
1999-01-01 34615
2000-01-01 38251
2001-01-01 38302
2002-01-01 35678
2003-01-01 39005
2004-01-01 41166
2005-01-01 43122
2006-01-01 45879
2007-01-01 49344
2008-01-01 49311
2009-01-01 50576
2010-01-01 55866
2011-01-01 66742
2012-01-01 71769
2013-01-01 82173
2014-01-01 83135
2015-01-01 85081
2016-01-01 79405
2017-01-01 82346
2018-01-01 84605
2019-01-01 76731
2020-01-01 88655
2021-01-01 87008
2022-01-01 96797
2023-01-01 93537

Subscribe to the FRED newsletter


Follow us

Back to Top