Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for San Luis Obispo County, CA
Series ID MHICILBCA06079A052NCEN
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 25493
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30435
1994-01-01 .
1995-01-01 32907
1996-01-01 .
1997-01-01 35725
1998-01-01 37176
1999-01-01 37969
2000-01-01 39584
2001-01-01 39342
2002-01-01 40661
2003-01-01 41697
2004-01-01 43481
2005-01-01 47300
2006-01-01 48275
2007-01-01 53117
2008-01-01 58311
2009-01-01 52786
2010-01-01 51207
2011-01-01 51487
2012-01-01 55739
2013-01-01 55399
2014-01-01 58599
2015-01-01 58418
2016-01-01 67160
2017-01-01 67328
2018-01-01 67239
2019-01-01 73318
2020-01-01 74306
2021-01-01 75932
2022-01-01 83993

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