Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Franklin Parish, LA

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Franklin Parish, LA
Series ID MHICILBLA22041A052NCEN
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 12247
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 15160
1994-01-01 .
1995-01-01 16569
1996-01-01 .
1997-01-01 16866
1998-01-01 18007
1999-01-01 21213
2000-01-01 21963
2001-01-01 21405
2002-01-01 21142
2003-01-01 22776
2004-01-01 23508
2005-01-01 23143
2006-01-01 23572
2007-01-01 25689
2008-01-01 26931
2009-01-01 27307
2010-01-01 27421
2011-01-01 26338
2012-01-01 25691
2013-01-01 28276
2014-01-01 29180
2015-01-01 30901
2016-01-01 28649
2017-01-01 29112
2018-01-01 31245
2019-01-01 31367
2020-01-01 39074
2021-01-01 35101
2022-01-01 34488
2023-01-01 36925

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