Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Boone County, MO

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Boone County, MO
Series ID MHICILBMO29019A052NCEN
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 1:54 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 26642
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30203
1994-01-01 .
1995-01-01 32840
1996-01-01 .
1997-01-01 35470
1998-01-01 37527
1999-01-01 36224
2000-01-01 37295
2001-01-01 36656
2002-01-01 36778
2003-01-01 37755
2004-01-01 38993
2005-01-01 38016
2006-01-01 40715
2007-01-01 42319
2008-01-01 44776
2009-01-01 43635
2010-01-01 40292
2011-01-01 44275
2012-01-01 42470
2013-01-01 46184
2014-01-01 47568
2015-01-01 47955
2016-01-01 49223
2017-01-01 49448
2018-01-01 51995
2019-01-01 54027
2020-01-01 58914
2021-01-01 58897
2022-01-01 59859

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