Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Elbert County, CO
Series ID MHICIUBCO08039A052NCEN
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 37070
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 47155
1994-01-01 .
1995-01-01 57787
1996-01-01 .
1997-01-01 55941
1998-01-01 61255
1999-01-01 68099
2000-01-01 71568
2001-01-01 71220
2002-01-01 71603
2003-01-01 71127
2004-01-01 74299
2005-01-01 73627
2006-01-01 81081
2007-01-01 83375
2008-01-01 82119
2009-01-01 80806
2010-01-01 85439
2011-01-01 84576
2012-01-01 87812
2013-01-01 87615
2014-01-01 89341
2015-01-01 97558
2016-01-01 89528
2017-01-01 111070
2018-01-01 104607
2019-01-01 111096
2020-01-01 116827
2021-01-01 125130
2022-01-01 132117

Subscribe to the FRED newsletter


Follow us

Back to Top