Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hamlin County, SD
Series ID MHICIUBSD46057A052NCEN
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 2:05 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 22130
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28860
1994-01-01 .
1995-01-01 29952
1996-01-01 .
1997-01-01 33359
1998-01-01 36240
1999-01-01 36598
2000-01-01 39121
2001-01-01 37908
2002-01-01 37642
2003-01-01 39382
2004-01-01 41255
2005-01-01 41453
2006-01-01 44171
2007-01-01 43612
2008-01-01 51663
2009-01-01 50950
2010-01-01 53060
2011-01-01 55478
2012-01-01 56863
2013-01-01 60312
2014-01-01 58833
2015-01-01 62177
2016-01-01 62624
2017-01-01 65949
2018-01-01 68308
2019-01-01 66575
2020-01-01 67171
2021-01-01 82811
2022-01-01 78605
2023-01-01 91403

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