Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Otero County, CO
Series ID MHICIUBCO08089A052NCEN
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 3:12 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 21017
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23655
1994-01-01 .
1995-01-01 27243
1996-01-01 .
1997-01-01 28248
1998-01-01 29324
1999-01-01 30209
2000-01-01 32281
2001-01-01 30940
2002-01-01 30598
2003-01-01 31265
2004-01-01 32317
2005-01-01 35532
2006-01-01 36206
2007-01-01 34369
2008-01-01 36477
2009-01-01 32717
2010-01-01 37222
2011-01-01 32870
2012-01-01 38242
2013-01-01 39972
2014-01-01 36278
2015-01-01 37861
2016-01-01 40247
2017-01-01 42002
2018-01-01 43895
2019-01-01 48634
2020-01-01 52650
2021-01-01 50605
2022-01-01 52376
2023-01-01 57352

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