Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hutchinson County, SD
Series ID MHICIUBSD46067A052NCEN
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 22383
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26801
1994-01-01 .
1995-01-01 29272
1996-01-01 .
1997-01-01 33456
1998-01-01 34783
1999-01-01 32911
2000-01-01 34828
2001-01-01 34295
2002-01-01 33016
2003-01-01 35637
2004-01-01 36798
2005-01-01 40076
2006-01-01 38189
2007-01-01 41110
2008-01-01 44743
2009-01-01 43626
2010-01-01 45265
2011-01-01 50445
2012-01-01 49872
2013-01-01 48833
2014-01-01 53346
2015-01-01 54303
2016-01-01 56335
2017-01-01 58087
2018-01-01 59585
2019-01-01 64365
2020-01-01 61530
2021-01-01 67398
2022-01-01 71016

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