Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montrose County, CO
Series ID MHICIUBCO08085A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 25612
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28964
1994-01-01 .
1995-01-01 34066
1996-01-01 .
1997-01-01 35379
1998-01-01 36682
1999-01-01 36971
2000-01-01 39109
2001-01-01 38504
2002-01-01 39395
2003-01-01 40983
2004-01-01 42895
2005-01-01 42151
2006-01-01 45130
2007-01-01 48872
2008-01-01 47976
2009-01-01 51149
2010-01-01 47640
2011-01-01 46678
2012-01-01 47743
2013-01-01 47866
2014-01-01 48585
2015-01-01 51050
2016-01-01 46178
2017-01-01 55010
2018-01-01 56919
2019-01-01 54814
2020-01-01 65386
2021-01-01 62184
2022-01-01 73073
2023-01-01 73100

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