Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union Parish, LA
Series ID MHICILBLA22111A052NCEN
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 16816
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19605
1994-01-01 .
1995-01-01 22012
1996-01-01 .
1997-01-01 23468
1998-01-01 25417
1999-01-01 26940
2000-01-01 27745
2001-01-01 27356
2002-01-01 27321
2003-01-01 27989
2004-01-01 28892
2005-01-01 29492
2006-01-01 30766
2007-01-01 31146
2008-01-01 32228
2009-01-01 32531
2010-01-01 33707
2011-01-01 32003
2012-01-01 31733
2013-01-01 32446
2014-01-01 35137
2015-01-01 34967
2016-01-01 38691
2017-01-01 36483
2018-01-01 39473
2019-01-01 39747
2020-01-01 35562
2021-01-01 38548
2022-01-01 42325

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