Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Merced County, CA
Series ID MHICILBCA06047A052NCEN
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 1:12 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 22972
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24050
1994-01-01 .
1995-01-01 24304
1996-01-01 .
1997-01-01 26236
1998-01-01 26923
1999-01-01 30152
2000-01-01 32109
2001-01-01 31900
2002-01-01 32465
2003-01-01 34564
2004-01-01 36470
2005-01-01 37937
2006-01-01 38028
2007-01-01 41878
2008-01-01 39885
2009-01-01 37931
2010-01-01 39386
2011-01-01 37681
2012-01-01 39854
2013-01-01 39110
2014-01-01 41284
2015-01-01 40323
2016-01-01 44341
2017-01-01 45291
2018-01-01 53521
2019-01-01 56813
2020-01-01 56008
2021-01-01 51436
2022-01-01 61387

Subscribe to the FRED newsletter


Follow us

Back to Top