Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Perkins County, SD
Series ID MHICIUBSD46105A052NCEN
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 2:31 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 23757
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27385
1994-01-01 .
1995-01-01 26522
1996-01-01 .
1997-01-01 29998
1998-01-01 29364
1999-01-01 29884
2000-01-01 32372
2001-01-01 31922
2002-01-01 30148
2003-01-01 31036
2004-01-01 32841
2005-01-01 35550
2006-01-01 35167
2007-01-01 37314
2008-01-01 38044
2009-01-01 37139
2010-01-01 33546
2011-01-01 41792
2012-01-01 42453
2013-01-01 43901
2014-01-01 44234
2015-01-01 48273
2016-01-01 51276
2017-01-01 51014
2018-01-01 59335
2019-01-01 53347
2020-01-01 53839
2021-01-01 55639
2022-01-01 63783
2023-01-01 62915

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