Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Ouachita Parish, LA
Series ID MHICILBLA22073A052NCEN
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 18960
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22513
1994-01-01 .
1995-01-01 24283
1996-01-01 .
1997-01-01 25727
1998-01-01 26782
1999-01-01 28725
2000-01-01 29623
2001-01-01 29357
2002-01-01 29716
2003-01-01 30869
2004-01-01 31016
2005-01-01 32221
2006-01-01 33194
2007-01-01 34694
2008-01-01 35798
2009-01-01 35684
2010-01-01 35161
2011-01-01 33376
2012-01-01 34688
2013-01-01 37677
2014-01-01 38673
2015-01-01 35793
2016-01-01 36087
2017-01-01 38397
2018-01-01 40807
2019-01-01 39705
2020-01-01 39120
2021-01-01 44345
2022-01-01 43947

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