Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Red River Parish, LA
Series ID MHICILBLA22081A052NCEN
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 13428
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 15508
1994-01-01 .
1995-01-01 16977
1996-01-01 .
1997-01-01 18736
1998-01-01 20831
1999-01-01 21915
2000-01-01 22464
2001-01-01 21865
2002-01-01 21913
2003-01-01 22775
2004-01-01 23781
2005-01-01 23321
2006-01-01 24243
2007-01-01 26722
2008-01-01 29162
2009-01-01 27263
2010-01-01 29689
2011-01-01 29271
2012-01-01 29762
2013-01-01 32679
2014-01-01 29842
2015-01-01 39273
2016-01-01 29367
2017-01-01 31822
2018-01-01 32822
2019-01-01 35055
2020-01-01 35879
2021-01-01 35721
2022-01-01 38788

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