Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Spink County, SD
Series ID MHICIUBSD46115A052NCEN
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 24273
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27862
1994-01-01 .
1995-01-01 28410
1996-01-01 .
1997-01-01 31346
1998-01-01 31113
1999-01-01 32729
2000-01-01 35036
2001-01-01 33705
2002-01-01 32223
2003-01-01 33931
2004-01-01 35723
2005-01-01 39550
2006-01-01 39343
2007-01-01 43698
2008-01-01 45969
2009-01-01 48095
2010-01-01 48390
2011-01-01 48854
2012-01-01 53215
2013-01-01 54912
2014-01-01 53014
2015-01-01 49906
2016-01-01 54426
2017-01-01 55979
2018-01-01 53190
2019-01-01 60830
2020-01-01 60885
2021-01-01 68386
2022-01-01 67605

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