Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Broomfield County/city, CO
Series ID MHICILBCO08014A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 2001-01-01 to 2023-01-01
Last Updated 2024-12-20 2:33 AM 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
2001-01-01 60947
2002-01-01 60800
2003-01-01 60074
2004-01-01 61336
2005-01-01 62524
2006-01-01 66467
2007-01-01 66197
2008-01-01 71783
2009-01-01 71887
2010-01-01 69899
2011-01-01 72726
2012-01-01 76243
2013-01-01 74311
2014-01-01 80594
2015-01-01 81215
2016-01-01 80779
2017-01-01 86132
2018-01-01 88502
2019-01-01 98922
2020-01-01 98449
2021-01-01 98649
2022-01-01 105536
2023-01-01 106828

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