Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Placer County, CA
Series ID MHICILBCA06061A052NCEN
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 32963
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38476
1994-01-01 .
1995-01-01 43712
1996-01-01 .
1997-01-01 46642
1998-01-01 49579
1999-01-01 51990
2000-01-01 54926
2001-01-01 54734
2002-01-01 56554
2003-01-01 57807
2004-01-01 60732
2005-01-01 60255
2006-01-01 67657
2007-01-01 66341
2008-01-01 72307
2009-01-01 68073
2010-01-01 65078
2011-01-01 65761
2012-01-01 67174
2013-01-01 71033
2014-01-01 73005
2015-01-01 73558
2016-01-01 81739
2017-01-01 78602
2018-01-01 84783
2019-01-01 94270
2020-01-01 97325
2021-01-01 100310
2022-01-01 101033
2023-01-01 105620

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