Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Traill County, ND
Series ID MHICIUBND38097A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 26768
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31609
1994-01-01 .
1995-01-01 35835
1996-01-01 .
1997-01-01 38174
1998-01-01 40199
1999-01-01 40260
2000-01-01 42324
2001-01-01 41766
2002-01-01 42712
2003-01-01 43616
2004-01-01 43674
2005-01-01 46147
2006-01-01 42952
2007-01-01 51615
2008-01-01 52707
2009-01-01 49081
2010-01-01 54663
2011-01-01 56712
2012-01-01 55618
2013-01-01 62581
2014-01-01 64583
2015-01-01 58885
2016-01-01 59527
2017-01-01 67943
2018-01-01 64793
2019-01-01 76415
2020-01-01 79302
2021-01-01 80418
2022-01-01 87639
2023-01-01 91219

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