Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Gunnison County, CO
Series ID MHICILBCO08051A052NCEN
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 21295
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24888
1994-01-01 .
1995-01-01 26985
1996-01-01 .
1997-01-01 28977
1998-01-01 30743
1999-01-01 33246
2000-01-01 35071
2001-01-01 35112
2002-01-01 34338
2003-01-01 35294
2004-01-01 36420
2005-01-01 36691
2006-01-01 38021
2007-01-01 44915
2008-01-01 43304
2009-01-01 41389
2010-01-01 43453
2011-01-01 39348
2012-01-01 46360
2013-01-01 43941
2014-01-01 43916
2015-01-01 43205
2016-01-01 48735
2017-01-01 49721
2018-01-01 55836
2019-01-01 53534
2020-01-01 61559
2021-01-01 56297
2022-01-01 83150

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