Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McPherson County, NE
Series ID MHICIUBNE31117A052NCEN
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 24298
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29099
1994-01-01 .
1995-01-01 23014
1996-01-01 .
1997-01-01 26697
1998-01-01 23363
1999-01-01 27599
2000-01-01 29937
2001-01-01 29229
2002-01-01 29381
2003-01-01 33684
2004-01-01 38635
2005-01-01 36879
2006-01-01 39210
2007-01-01 41537
2008-01-01 41080
2009-01-01 41909
2010-01-01 37052
2011-01-01 42078
2012-01-01 45340
2013-01-01 44865
2014-01-01 63874
2015-01-01 63323
2016-01-01 54761
2017-01-01 55475
2018-01-01 58984
2019-01-01 58442
2020-01-01 63408
2021-01-01 60938
2022-01-01 59613

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