Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Gem County, ID
Series ID MHICILBID16045A052NCEN
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 18173
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22463
1994-01-01 .
1995-01-01 25834
1996-01-01 .
1997-01-01 27182
1998-01-01 28683
1999-01-01 31538
2000-01-01 33048
2001-01-01 32571
2002-01-01 32478
2003-01-01 33551
2004-01-01 34761
2005-01-01 33757
2006-01-01 36255
2007-01-01 37857
2008-01-01 39337
2009-01-01 38514
2010-01-01 36387
2011-01-01 36393
2012-01-01 36743
2013-01-01 40847
2014-01-01 37623
2015-01-01 39663
2016-01-01 39549
2017-01-01 42657
2018-01-01 44661
2019-01-01 47908
2020-01-01 55989
2021-01-01 52243
2022-01-01 56616
2023-01-01 55730

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