Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Beaver County, UT
Series ID MHICILBUT49001A052NCEN
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 3:12 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 19720
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23444
1994-01-01 .
1995-01-01 25067
1996-01-01 .
1997-01-01 27199
1998-01-01 29143
1999-01-01 31923
2000-01-01 33736
2001-01-01 33725
2002-01-01 34861
2003-01-01 35696
2004-01-01 38607
2005-01-01 35642
2006-01-01 38683
2007-01-01 36036
2008-01-01 43334
2009-01-01 37444
2010-01-01 39794
2011-01-01 39827
2012-01-01 42030
2013-01-01 41632
2014-01-01 46164
2015-01-01 45231
2016-01-01 45798
2017-01-01 45731
2018-01-01 51739
2019-01-01 52063
2020-01-01 54300
2021-01-01 52228
2022-01-01 60386
2023-01-01 59079

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