Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Colfax County, NE
Series ID MHICILBNE31037A052NCEN
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 20790
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25386
1994-01-01 .
1995-01-01 25744
1996-01-01 .
1997-01-01 28027
1998-01-01 28473
1999-01-01 32458
2000-01-01 34159
2001-01-01 34172
2002-01-01 33846
2003-01-01 34965
2004-01-01 35333
2005-01-01 36707
2006-01-01 41098
2007-01-01 37927
2008-01-01 41193
2009-01-01 38553
2010-01-01 41376
2011-01-01 41783
2012-01-01 43195
2013-01-01 47765
2014-01-01 45568
2015-01-01 45521
2016-01-01 45659
2017-01-01 56284
2018-01-01 49585
2019-01-01 55519
2020-01-01 54422
2021-01-01 62414
2022-01-01 61108

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