Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Benton County, MO
Series ID MHICIUBMO29015A052NCEN
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 18571
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21702
1994-01-01 .
1995-01-01 25333
1996-01-01 .
1997-01-01 26583
1998-01-01 27410
1999-01-01 27963
2000-01-01 29515
2001-01-01 28340
2002-01-01 29113
2003-01-01 29930
2004-01-01 30978
2005-01-01 32056
2006-01-01 33680
2007-01-01 34151
2008-01-01 35161
2009-01-01 33758
2010-01-01 33277
2011-01-01 38660
2012-01-01 34611
2013-01-01 35596
2014-01-01 35643
2015-01-01 37387
2016-01-01 39698
2017-01-01 42673
2018-01-01 43813
2019-01-01 46289
2020-01-01 50877
2021-01-01 53859
2022-01-01 57021
2023-01-01 56448

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