Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Bowman County, ND
Series ID MHICIUBND38011A052NCEN
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 1:09 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 25076
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30794
1994-01-01 .
1995-01-01 30622
1996-01-01 .
1997-01-01 34255
1998-01-01 34758
1999-01-01 34561
2000-01-01 36991
2001-01-01 37441
2002-01-01 37511
2003-01-01 41167
2004-01-01 41959
2005-01-01 41731
2006-01-01 46014
2007-01-01 49054
2008-01-01 53555
2009-01-01 51043
2010-01-01 54442
2011-01-01 61882
2012-01-01 61572
2013-01-01 66421
2014-01-01 67217
2015-01-01 69144
2016-01-01 65695
2017-01-01 65780
2018-01-01 67836
2019-01-01 73137
2020-01-01 75949
2021-01-01 76572
2022-01-01 83470

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