Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Pitkin County, CO
Series ID MHICILBCO08097A052NCEN
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 31497
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38391
1994-01-01 .
1995-01-01 41575
1996-01-01 .
1997-01-01 48578
1998-01-01 49019
1999-01-01 53537
2000-01-01 57116
2001-01-01 57654
2002-01-01 55994
2003-01-01 55357
2004-01-01 56388
2005-01-01 53642
2006-01-01 61939
2007-01-01 65413
2008-01-01 64795
2009-01-01 62167
2010-01-01 59909
2011-01-01 62115
2012-01-01 61461
2013-01-01 64058
2014-01-01 65451
2015-01-01 69463
2016-01-01 68040
2017-01-01 70279
2018-01-01 79319
2019-01-01 82762
2020-01-01 82825
2021-01-01 84742
2022-01-01 97360

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