Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Canyon County, ID
Series ID MHICILBID16027A052NCEN
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 20162
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24340
1994-01-01 .
1995-01-01 29137
1996-01-01 .
1997-01-01 28797
1998-01-01 29745
1999-01-01 32552
2000-01-01 34602
2001-01-01 34217
2002-01-01 34523
2003-01-01 35588
2004-01-01 37205
2005-01-01 38432
2006-01-01 39798
2007-01-01 40705
2008-01-01 41892
2009-01-01 37578
2010-01-01 40165
2011-01-01 37157
2012-01-01 40067
2013-01-01 40148
2014-01-01 41318
2015-01-01 41192
2016-01-01 46169
2017-01-01 45546
2018-01-01 50595
2019-01-01 55645
2020-01-01 52679
2021-01-01 61394
2022-01-01 67365

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