Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montezuma County, CO
Series ID MHICILBCO08083A052NCEN
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 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
1989-01-01 19092
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23967
1994-01-01 .
1995-01-01 27088
1996-01-01 .
1997-01-01 27793
1998-01-01 29243
1999-01-01 29879
2000-01-01 30910
2001-01-01 30552
2002-01-01 30291
2003-01-01 31189
2004-01-01 32315
2005-01-01 32648
2006-01-01 34510
2007-01-01 37935
2008-01-01 40727
2009-01-01 37437
2010-01-01 37419
2011-01-01 39089
2012-01-01 36862
2013-01-01 39806
2014-01-01 40628
2015-01-01 38923
2016-01-01 37522
2017-01-01 45267
2018-01-01 45762
2019-01-01 47413
2020-01-01 48540
2021-01-01 47513
2022-01-01 53040
2023-01-01 56516

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