Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Salt Lake County, UT
Series ID MHICILBUT49035A052NCEN
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 1:11 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 29361
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35339
1994-01-01 .
1995-01-01 38352
1996-01-01 .
1997-01-01 41872
1998-01-01 43189
1999-01-01 43782
2000-01-01 46029
2001-01-01 45810
2002-01-01 45375
2003-01-01 46681
2004-01-01 47941
2005-01-01 47028
2006-01-01 51625
2007-01-01 55226
2008-01-01 57469
2009-01-01 55622
2010-01-01 55455
2011-01-01 54698
2012-01-01 57375
2013-01-01 60916
2014-01-01 60865
2015-01-01 64263
2016-01-01 66559
2017-01-01 70288
2018-01-01 71800
2019-01-01 78351
2020-01-01 76297
2021-01-01 79068
2022-01-01 89824

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