Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Charles Mix County, SD
Series ID MHICIUBSD46023A052NCEN
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 21221
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24977
1994-01-01 .
1995-01-01 27473
1996-01-01 .
1997-01-01 30020
1998-01-01 31244
1999-01-01 28898
2000-01-01 30157
2001-01-01 29651
2002-01-01 28678
2003-01-01 30185
2004-01-01 31019
2005-01-01 32439
2006-01-01 34009
2007-01-01 35698
2008-01-01 33951
2009-01-01 36521
2010-01-01 38287
2011-01-01 40772
2012-01-01 40779
2013-01-01 41305
2014-01-01 45224
2015-01-01 44555
2016-01-01 45938
2017-01-01 46556
2018-01-01 50921
2019-01-01 55118
2020-01-01 51157
2021-01-01 56292
2022-01-01 60419
2023-01-01 65619

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