Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Codington County, SD
Series ID MHICIUBSD46029A052NCEN
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 26242
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31626
1994-01-01 .
1995-01-01 35120
1996-01-01 .
1997-01-01 37590
1998-01-01 39444
1999-01-01 39359
2000-01-01 42127
2001-01-01 40981
2002-01-01 40880
2003-01-01 42215
2004-01-01 43142
2005-01-01 42335
2006-01-01 45157
2007-01-01 46678
2008-01-01 48696
2009-01-01 48333
2010-01-01 47932
2011-01-01 51448
2012-01-01 49570
2013-01-01 53087
2014-01-01 58002
2015-01-01 57902
2016-01-01 53844
2017-01-01 61058
2018-01-01 60998
2019-01-01 69350
2020-01-01 69689
2021-01-01 71861
2022-01-01 71181

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