Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lawrence County, SD
Series ID MHICIUBSD46081A052NCEN
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 1:09 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 26108
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31511
1994-01-01 .
1995-01-01 34844
1996-01-01 .
1997-01-01 34882
1998-01-01 34870
1999-01-01 33454
2000-01-01 35727
2001-01-01 35629
2002-01-01 36615
2003-01-01 37810
2004-01-01 38890
2005-01-01 40911
2006-01-01 38595
2007-01-01 45127
2008-01-01 46614
2009-01-01 44915
2010-01-01 48949
2011-01-01 46311
2012-01-01 46734
2013-01-01 46307
2014-01-01 50101
2015-01-01 55118
2016-01-01 54968
2017-01-01 57506
2018-01-01 56307
2019-01-01 58418
2020-01-01 62354
2021-01-01 69001
2022-01-01 74217

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