Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Sheridan County, ND
Series ID MHICIUBND38083A052NCEN
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 19053
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25077
1994-01-01 .
1995-01-01 24980
1996-01-01 .
1997-01-01 26229
1998-01-01 28907
1999-01-01 26476
2000-01-01 28531
2001-01-01 27451
2002-01-01 26351
2003-01-01 29973
2004-01-01 31660
2005-01-01 31796
2006-01-01 31422
2007-01-01 31480
2008-01-01 35841
2009-01-01 35736
2010-01-01 39128
2011-01-01 44187
2012-01-01 43301
2013-01-01 46911
2014-01-01 48585
2015-01-01 41559
2016-01-01 43131
2017-01-01 45158
2018-01-01 43714
2019-01-01 62571
2020-01-01 53558
2021-01-01 55402
2022-01-01 63749

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