Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Latah County, ID
Series ID MHICILBID16057A052NCEN
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 22297
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26568
1994-01-01 .
1995-01-01 29259
1996-01-01 .
1997-01-01 32056
1998-01-01 33573
1999-01-01 31756
2000-01-01 32407
2001-01-01 31704
2002-01-01 32237
2003-01-01 33471
2004-01-01 34121
2005-01-01 33646
2006-01-01 33946
2007-01-01 38676
2008-01-01 37488
2009-01-01 35537
2010-01-01 37629
2011-01-01 38621
2012-01-01 37539
2013-01-01 39999
2014-01-01 39274
2015-01-01 42158
2016-01-01 40721
2017-01-01 45000
2018-01-01 46082
2019-01-01 50845
2020-01-01 56993
2021-01-01 53489
2022-01-01 54690
2023-01-01 58641

Subscribe to the FRED newsletter


Follow us

Back to Top