Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lake County, SD
Series ID MHICIUBSD46079A052NCEN
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 25024
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31304
1994-01-01 .
1995-01-01 34509
1996-01-01 .
1997-01-01 37248
1998-01-01 38442
1999-01-01 37256
2000-01-01 39205
2001-01-01 38614
2002-01-01 39203
2003-01-01 41003
2004-01-01 41581
2005-01-01 42976
2006-01-01 45057
2007-01-01 46119
2008-01-01 51880
2009-01-01 49670
2010-01-01 50721
2011-01-01 54914
2012-01-01 54474
2013-01-01 57608
2014-01-01 58742
2015-01-01 58694
2016-01-01 63462
2017-01-01 66110
2018-01-01 65434
2019-01-01 71119
2020-01-01 74114
2021-01-01 74533
2022-01-01 82983

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