Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Meade County, SD
Series ID MHICIUBSD46093A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 AM 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 26744
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32220
1994-01-01 .
1995-01-01 35090
1996-01-01 .
1997-01-01 37627
1998-01-01 39208
1999-01-01 39443
2000-01-01 42800
2001-01-01 41784
2002-01-01 42870
2003-01-01 44588
2004-01-01 47574
2005-01-01 46716
2006-01-01 48835
2007-01-01 48632
2008-01-01 49680
2009-01-01 48005
2010-01-01 52254
2011-01-01 55559
2012-01-01 54627
2013-01-01 55108
2014-01-01 58681
2015-01-01 60989
2016-01-01 59838
2017-01-01 63444
2018-01-01 65424
2019-01-01 66262
2020-01-01 66480
2021-01-01 69844
2022-01-01 78434
2023-01-01 81546

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