Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Custer County, CO
Series ID MHICIUBCO08027A052NCEN
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 23081
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26423
1994-01-01 .
1995-01-01 32833
1996-01-01 .
1997-01-01 33015
1998-01-01 35073
1999-01-01 37226
2000-01-01 39031
2001-01-01 38646
2002-01-01 38603
2003-01-01 40373
2004-01-01 43051
2005-01-01 44706
2006-01-01 45506
2007-01-01 48545
2008-01-01 55541
2009-01-01 50233
2010-01-01 46984
2011-01-01 50573
2012-01-01 51392
2013-01-01 51981
2014-01-01 53471
2015-01-01 47795
2016-01-01 57546
2017-01-01 59776
2018-01-01 60986
2019-01-01 63123
2020-01-01 70002
2021-01-01 71367
2022-01-01 74453

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