Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Goshen County, WY
Series ID MHICILBWY56015A052NCEN
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 20305
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23598
1994-01-01 .
1995-01-01 23491
1996-01-01 .
1997-01-01 26324
1998-01-01 27593
1999-01-01 29646
2000-01-01 30770
2001-01-01 30325
2002-01-01 30336
2003-01-01 31309
2004-01-01 32257
2005-01-01 31506
2006-01-01 36631
2007-01-01 35059
2008-01-01 36964
2009-01-01 38752
2010-01-01 37611
2011-01-01 37080
2012-01-01 38206
2013-01-01 39413
2014-01-01 41576
2015-01-01 43326
2016-01-01 43396
2017-01-01 46305
2018-01-01 47023
2019-01-01 49841
2020-01-01 44822
2021-01-01 47521
2022-01-01 52346

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