Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Riverside County, CA
Series ID MHICILBCA06065A052NCEN
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 28266
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32274
1994-01-01 .
1995-01-01 33777
1996-01-01 .
1997-01-01 33776
1998-01-01 36816
1999-01-01 37961
2000-01-01 40851
2001-01-01 40143
2002-01-01 40412
2003-01-01 42206
2004-01-01 44424
2005-01-01 50932
2006-01-01 51988
2007-01-01 56314
2008-01-01 56387
2009-01-01 54023
2010-01-01 52783
2011-01-01 50946
2012-01-01 51253
2013-01-01 52768
2014-01-01 56024
2015-01-01 56337
2016-01-01 58727
2017-01-01 62674
2018-01-01 65743
2019-01-01 71384
2020-01-01 74941
2021-01-01 77268
2022-01-01 84740

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