Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Foster County, ND
Series ID MHICIUBND38031A052NCEN
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 1:51 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 23861
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29240
1994-01-01 .
1995-01-01 30295
1996-01-01 .
1997-01-01 33798
1998-01-01 36566
1999-01-01 35325
2000-01-01 37483
2001-01-01 36468
2002-01-01 37209
2003-01-01 40523
2004-01-01 38558
2005-01-01 39803
2006-01-01 42240
2007-01-01 45241
2008-01-01 48202
2009-01-01 49841
2010-01-01 51003
2011-01-01 54128
2012-01-01 54148
2013-01-01 60572
2014-01-01 59586
2015-01-01 57702
2016-01-01 59937
2017-01-01 64509
2018-01-01 64295
2019-01-01 59127
2020-01-01 72590
2021-01-01 77031
2022-01-01 88796

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