Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for La Plata County, CO
Series ID MHICILBCO08067A052NCEN
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 22492
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27729
1994-01-01 .
1995-01-01 31994
1996-01-01 .
1997-01-01 33639
1998-01-01 35285
1999-01-01 36784
2000-01-01 38492
2001-01-01 38436
2002-01-01 38788
2003-01-01 40204
2004-01-01 41352
2005-01-01 43354
2006-01-01 47620
2007-01-01 48946
2008-01-01 52655
2009-01-01 52922
2010-01-01 48761
2011-01-01 49753
2012-01-01 52049
2013-01-01 54903
2014-01-01 56688
2015-01-01 57547
2016-01-01 53929
2017-01-01 58126
2018-01-01 60731
2019-01-01 74460
2020-01-01 61456
2021-01-01 69827
2022-01-01 74269

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