Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Baca County, CO

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Baca County, CO
Series ID MHICIUBCO08009A052NCEN
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 22554
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25914
1994-01-01 .
1995-01-01 26588
1996-01-01 .
1997-01-01 29823
1998-01-01 32281
1999-01-01 30561
2000-01-01 31564
2001-01-01 30346
2002-01-01 27596
2003-01-01 28394
2004-01-01 28536
2005-01-01 31192
2006-01-01 32117
2007-01-01 33479
2008-01-01 35137
2009-01-01 35807
2010-01-01 36097
2011-01-01 37079
2012-01-01 40749
2013-01-01 38993
2014-01-01 40087
2015-01-01 39028
2016-01-01 37333
2017-01-01 39125
2018-01-01 42357
2019-01-01 43639
2020-01-01 48917
2021-01-01 49170
2022-01-01 53038

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