Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Shasta County, CA
Series ID MHICILBCA06089A052NCEN
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 1:54 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 22068
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25620
1994-01-01 .
1995-01-01 27678
1996-01-01 .
1997-01-01 29018
1998-01-01 29988
1999-01-01 31255
2000-01-01 32476
2001-01-01 31959
2002-01-01 33000
2003-01-01 34238
2004-01-01 35375
2005-01-01 39265
2006-01-01 40424
2007-01-01 39687
2008-01-01 39790
2009-01-01 40401
2010-01-01 39380
2011-01-01 39273
2012-01-01 42365
2013-01-01 38556
2014-01-01 41361
2015-01-01 42924
2016-01-01 44211
2017-01-01 48094
2018-01-01 50348
2019-01-01 58759
2020-01-01 54365
2021-01-01 56764
2022-01-01 62136

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