Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Carbon County, MT
Series ID MHICILBMT30009A052NCEN
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 3:13 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 18257
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22087
1994-01-01 .
1995-01-01 22953
1996-01-01 .
1997-01-01 25848
1998-01-01 26880
1999-01-01 30071
2000-01-01 31132
2001-01-01 31353
2002-01-01 31384
2003-01-01 32370
2004-01-01 34093
2005-01-01 33090
2006-01-01 37429
2007-01-01 38270
2008-01-01 43799
2009-01-01 38307
2010-01-01 38379
2011-01-01 40367
2012-01-01 39833
2013-01-01 42282
2014-01-01 44049
2015-01-01 45531
2016-01-01 49684
2017-01-01 47848
2018-01-01 48135
2019-01-01 53603
2020-01-01 55322
2021-01-01 56041
2022-01-01 59440
2023-01-01 64919

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