Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Shoshone County, ID
Series ID MHICILBID16079A052NCEN
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 1:54 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 19505
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20603
1994-01-01 .
1995-01-01 21603
1996-01-01 .
1997-01-01 24590
1998-01-01 26334
1999-01-01 26779
2000-01-01 27761
2001-01-01 26673
2002-01-01 26322
2003-01-01 27647
2004-01-01 28433
2005-01-01 28126
2006-01-01 29354
2007-01-01 31903
2008-01-01 35422
2009-01-01 31907
2010-01-01 33242
2011-01-01 34142
2012-01-01 33956
2013-01-01 33773
2014-01-01 33167
2015-01-01 34791
2016-01-01 35317
2017-01-01 44548
2018-01-01 32803
2019-01-01 35261
2020-01-01 38203
2021-01-01 42551
2022-01-01 43198

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