Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Grand County, UT
Series ID MHICILBUT49019A052NCEN
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 1:53 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 17590
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23007
1994-01-01 .
1995-01-01 25571
1996-01-01 .
1997-01-01 25728
1998-01-01 26706
1999-01-01 29034
2000-01-01 30243
2001-01-01 29445
2002-01-01 29103
2003-01-01 29715
2004-01-01 31267
2005-01-01 31653
2006-01-01 33450
2007-01-01 35287
2008-01-01 34996
2009-01-01 35044
2010-01-01 36203
2011-01-01 37203
2012-01-01 39054
2013-01-01 38283
2014-01-01 39220
2015-01-01 40810
2016-01-01 52792
2017-01-01 43644
2018-01-01 45527
2019-01-01 47929
2020-01-01 49668
2021-01-01 49812
2022-01-01 58886

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