Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Walsh County, ND
Series ID MHICIUBND38099A052NCEN
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 24339
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30125
1994-01-01 .
1995-01-01 31462
1996-01-01 .
1997-01-01 32912
1998-01-01 34309
1999-01-01 35197
2000-01-01 37332
2001-01-01 36905
2002-01-01 38077
2003-01-01 38208
2004-01-01 38752
2005-01-01 39686
2006-01-01 42391
2007-01-01 45972
2008-01-01 49756
2009-01-01 45843
2010-01-01 50303
2011-01-01 48999
2012-01-01 51483
2013-01-01 52340
2014-01-01 55620
2015-01-01 55717
2016-01-01 56184
2017-01-01 55209
2018-01-01 63926
2019-01-01 63418
2020-01-01 65588
2021-01-01 68766
2022-01-01 73871

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