Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Ventura County, CA
Series ID MHICILBCA06111A052NCEN
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 37527
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42663
1994-01-01 .
1995-01-01 44240
1996-01-01 .
1997-01-01 46892
1998-01-01 48775
1999-01-01 50396
2000-01-01 53312
2001-01-01 52954
2002-01-01 53452
2003-01-01 54549
2004-01-01 55999
2005-01-01 64697
2006-01-01 70408
2007-01-01 70681
2008-01-01 74106
2009-01-01 69263
2010-01-01 69917
2011-01-01 72315
2012-01-01 69429
2013-01-01 74756
2014-01-01 73152
2015-01-01 77383
2016-01-01 76999
2017-01-01 80369
2018-01-01 82014
2019-01-01 88664
2020-01-01 86592
2021-01-01 93275
2022-01-01 99057

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