Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Morton County, ND
Series ID MHICIUBND38059A052NCEN
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 26127
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31038
1994-01-01 .
1995-01-01 34485
1996-01-01 .
1997-01-01 35665
1998-01-01 36880
1999-01-01 38271
2000-01-01 41265
2001-01-01 40979
2002-01-01 41480
2003-01-01 43561
2004-01-01 45777
2005-01-01 42318
2006-01-01 47116
2007-01-01 49955
2008-01-01 54681
2009-01-01 57127
2010-01-01 54170
2011-01-01 61323
2012-01-01 59339
2013-01-01 64610
2014-01-01 58932
2015-01-01 69353
2016-01-01 70418
2017-01-01 67207
2018-01-01 74676
2019-01-01 74912
2020-01-01 80903
2021-01-01 79361
2022-01-01 82921

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