Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Weston County, WY
Series ID MHICILBWY56045A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 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
1993-01-01 29645
1994-01-01 .
1995-01-01 29864
1996-01-01 .
1997-01-01 32484
1998-01-01 33445
1999-01-01 31405
2000-01-01 32802
2001-01-01 33126
2002-01-01 34998
2003-01-01 36854
2004-01-01 38165
2005-01-01 37336
2006-01-01 41631
2007-01-01 43262
2008-01-01 45429
2009-01-01 45337
2010-01-01 44668
2011-01-01 48265
2012-01-01 48417
2013-01-01 54091
2014-01-01 49711
2015-01-01 54751
2016-01-01 50615
2017-01-01 50250
2018-01-01 48315
2019-01-01 52275
2020-01-01 50079
2021-01-01 55613
2022-01-01 60867

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