Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Fremont County, CO
Series ID MHICILBCO08043A052NCEN
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 18108
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22099
1994-01-01 .
1995-01-01 25217
1996-01-01 .
1997-01-01 26786
1998-01-01 29066
1999-01-01 30866
2000-01-01 31952
2001-01-01 31228
2002-01-01 31233
2003-01-01 31688
2004-01-01 32886
2005-01-01 33723
2006-01-01 35232
2007-01-01 31785
2008-01-01 36892
2009-01-01 37279
2010-01-01 37391
2011-01-01 37654
2012-01-01 37656
2013-01-01 38213
2014-01-01 38362
2015-01-01 38564
2016-01-01 41973
2017-01-01 44600
2018-01-01 43838
2019-01-01 47731
2020-01-01 45938
2021-01-01 45894
2022-01-01 51106

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