Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nevada County, CA
Series ID MHICILBCA06057A052NCEN
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 2:33 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 26748
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31056
1994-01-01 .
1995-01-01 34108
1996-01-01 .
1997-01-01 37302
1998-01-01 39369
1999-01-01 41164
2000-01-01 43417
2001-01-01 43088
2002-01-01 44313
2003-01-01 44817
2004-01-01 46829
2005-01-01 48911
2006-01-01 49086
2007-01-01 55898
2008-01-01 51758
2009-01-01 54199
2010-01-01 51429
2011-01-01 50403
2012-01-01 50116
2013-01-01 51417
2014-01-01 52704
2015-01-01 52500
2016-01-01 56013
2017-01-01 59354
2018-01-01 61662
2019-01-01 63962
2020-01-01 67572
2021-01-01 70966
2022-01-01 72665
2023-01-01 82265

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