Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hanson County, SD
Series ID MHICIUBSD46061A052NCEN
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 2:02 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 21910
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28483
1994-01-01 .
1995-01-01 30774
1996-01-01 .
1997-01-01 37039
1998-01-01 38952
1999-01-01 37550
2000-01-01 39731
2001-01-01 39167
2002-01-01 38813
2003-01-01 42234
2004-01-01 48003
2005-01-01 46267
2006-01-01 48120
2007-01-01 51271
2008-01-01 56288
2009-01-01 58890
2010-01-01 58731
2011-01-01 63203
2012-01-01 66002
2013-01-01 63454
2014-01-01 67915
2015-01-01 64462
2016-01-01 67522
2017-01-01 67816
2018-01-01 70323
2019-01-01 83438
2020-01-01 72483
2021-01-01 86480
2022-01-01 88603
2023-01-01 81000

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