Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McKenzie County, ND
Series ID MHICIUBND38053A052NCEN
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 27633
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32964
1994-01-01 .
1995-01-01 32700
1996-01-01 .
1997-01-01 35196
1998-01-01 35322
1999-01-01 32017
2000-01-01 33930
2001-01-01 32903
2002-01-01 31840
2003-01-01 33376
2004-01-01 36060
2005-01-01 38331
2006-01-01 40218
2007-01-01 45073
2008-01-01 48378
2009-01-01 54240
2010-01-01 56513
2011-01-01 65028
2012-01-01 73328
2013-01-01 83383
2014-01-01 89021
2015-01-01 91113
2016-01-01 85776
2017-01-01 83524
2018-01-01 84096
2019-01-01 97071
2020-01-01 97110
2021-01-01 96890
2022-01-01 92644

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