Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McCook County, SD
Series ID MHICIUBSD46087A052NCEN
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 23323
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28998
1994-01-01 .
1995-01-01 30946
1996-01-01 .
1997-01-01 35567
1998-01-01 37414
1999-01-01 37871
2000-01-01 40738
2001-01-01 40380
2002-01-01 39862
2003-01-01 40564
2004-01-01 42256
2005-01-01 43926
2006-01-01 42782
2007-01-01 45585
2008-01-01 49273
2009-01-01 50286
2010-01-01 48472
2011-01-01 56293
2012-01-01 53847
2013-01-01 57753
2014-01-01 62254
2015-01-01 61017
2016-01-01 63398
2017-01-01 63175
2018-01-01 66045
2019-01-01 67443
2020-01-01 72316
2021-01-01 76386
2022-01-01 77302

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