Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Adams County, CO
Series ID MHICILBCO08001A052NCEN
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 27250
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31378
1994-01-01 .
1995-01-01 34702
1996-01-01 .
1997-01-01 37978
1998-01-01 41517
1999-01-01 42873
2000-01-01 45117
2001-01-01 44139
2002-01-01 44027
2003-01-01 45854
2004-01-01 47404
2005-01-01 49247
2006-01-01 49247
2007-01-01 50587
2008-01-01 54769
2009-01-01 51831
2010-01-01 51071
2011-01-01 50676
2012-01-01 54212
2013-01-01 52548
2014-01-01 57334
2015-01-01 61110
2016-01-01 63277
2017-01-01 63110
2018-01-01 67752
2019-01-01 72963
2020-01-01 70512
2021-01-01 78378
2022-01-01 86221

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