Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for South Dakota

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for South Dakota
Series ID MHICIUBSD46000A052NCEN
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 1:11 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 23329
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28054
1994-01-01 .
1995-01-01 30927
1996-01-01 31562
1997-01-01 33056
1998-01-01 34947
1999-01-01 36364
2000-01-01 37845
2001-01-01 38667
2002-01-01 38658
2003-01-01 39497
2004-01-01 40777
2005-01-01 40887
2006-01-01 43291
2007-01-01 44353
2008-01-01 47324
2009-01-01 46078
2010-01-01 46866
2011-01-01 49481
2012-01-01 49332
2013-01-01 50205
2014-01-01 52007
2015-01-01 54297
2016-01-01 56104
2017-01-01 58068
2018-01-01 58371
2019-01-01 62170
2020-01-01 62820
2021-01-01 68907
2022-01-01 72530

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