Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lyman County, SD
Series ID MHICIUBSD46085A052NCEN
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 23491
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28901
1994-01-01 .
1995-01-01 29985
1996-01-01 .
1997-01-01 30486
1998-01-01 30847
1999-01-01 30068
2000-01-01 32331
2001-01-01 31682
2002-01-01 29391
2003-01-01 31630
2004-01-01 32058
2005-01-01 33595
2006-01-01 33463
2007-01-01 35156
2008-01-01 39696
2009-01-01 37686
2010-01-01 42967
2011-01-01 41796
2012-01-01 44593
2013-01-01 43865
2014-01-01 44779
2015-01-01 43258
2016-01-01 46945
2017-01-01 48103
2018-01-01 51609
2019-01-01 51057
2020-01-01 49496
2021-01-01 53790
2022-01-01 60974

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