Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Gunnison County, CO
Series ID MHICIUBCO08051A052NCEN
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 26015
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29663
1994-01-01 .
1995-01-01 33490
1996-01-01 .
1997-01-01 35606
1998-01-01 37433
1999-01-01 38223
2000-01-01 40953
2001-01-01 40712
2002-01-01 39844
2003-01-01 40446
2004-01-01 41717
2005-01-01 44181
2006-01-01 44846
2007-01-01 53750
2008-01-01 50640
2009-01-01 50033
2010-01-01 51943
2011-01-01 46790
2012-01-01 53362
2013-01-01 52841
2014-01-01 53964
2015-01-01 52033
2016-01-01 58771
2017-01-01 57239
2018-01-01 66700
2019-01-01 67282
2020-01-01 74869
2021-01-01 71447
2022-01-01 94560

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