Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Beadle County, SD
Series ID MHICIUBSD46005A052NCEN
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 25377
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30491
1994-01-01 .
1995-01-01 32782
1996-01-01 .
1997-01-01 35704
1998-01-01 36652
1999-01-01 34352
2000-01-01 35829
2001-01-01 35134
2002-01-01 34786
2003-01-01 36043
2004-01-01 36760
2005-01-01 38456
2006-01-01 40863
2007-01-01 40997
2008-01-01 44406
2009-01-01 45924
2010-01-01 42498
2011-01-01 47454
2012-01-01 49861
2013-01-01 47792
2014-01-01 52787
2015-01-01 51393
2016-01-01 52795
2017-01-01 49465
2018-01-01 54053
2019-01-01 58071
2020-01-01 60775
2021-01-01 59684
2022-01-01 66497

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