Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Clay County, SD
Series ID MHICIUBSD46027A052NCEN
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 3:11 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 23367
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27908
1994-01-01 .
1995-01-01 30506
1996-01-01 .
1997-01-01 34351
1998-01-01 35794
1999-01-01 32068
2000-01-01 32755
2001-01-01 32161
2002-01-01 31383
2003-01-01 32471
2004-01-01 33439
2005-01-01 31625
2006-01-01 36009
2007-01-01 40151
2008-01-01 43754
2009-01-01 42065
2010-01-01 44361
2011-01-01 43791
2012-01-01 42216
2013-01-01 46102
2014-01-01 47397
2015-01-01 48412
2016-01-01 46676
2017-01-01 49897
2018-01-01 51397
2019-01-01 56534
2020-01-01 55886
2021-01-01 57390
2022-01-01 61614
2023-01-01 69236

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