Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Grant County, SD
Series ID MHICIUBSD46051A052NCEN
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 25977
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31336
1994-01-01 .
1995-01-01 33087
1996-01-01 .
1997-01-01 37457
1998-01-01 38174
1999-01-01 36798
2000-01-01 38838
2001-01-01 38122
2002-01-01 38825
2003-01-01 39244
2004-01-01 41152
2005-01-01 41862
2006-01-01 42026
2007-01-01 45748
2008-01-01 47179
2009-01-01 46923
2010-01-01 49751
2011-01-01 51928
2012-01-01 52171
2013-01-01 54698
2014-01-01 57679
2015-01-01 56452
2016-01-01 60673
2017-01-01 64037
2018-01-01 65450
2019-01-01 66836
2020-01-01 67766
2021-01-01 73840
2022-01-01 77696

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