Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Idaho

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Idaho
Series ID MHICILBID16000A052NCEN
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 24160
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27753
1994-01-01 .
1995-01-01 30469
1996-01-01 31365
1997-01-01 32027
1998-01-01 34130
1999-01-01 35359
2000-01-01 36158
2001-01-01 37041
2002-01-01 36530
2003-01-01 38318
2004-01-01 38855
2005-01-01 40513
2006-01-01 42066
2007-01-01 45434
2008-01-01 46654
2009-01-01 43785
2010-01-01 42380
2011-01-01 42213
2012-01-01 44435
2013-01-01 45745
2014-01-01 46434
2015-01-01 47281
2016-01-01 50736
2017-01-01 51448
2018-01-01 54649
2019-01-01 59799
2020-01-01 60721
2021-01-01 64668
2022-01-01 71534
2023-01-01 73766

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