Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Phillips County, CO
Series ID MHICIUBCO08095A052NCEN
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 27388
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30956
1994-01-01 .
1995-01-01 32275
1996-01-01 .
1997-01-01 35996
1998-01-01 36586
1999-01-01 35419
2000-01-01 36929
2001-01-01 36516
2002-01-01 35662
2003-01-01 35964
2004-01-01 36668
2005-01-01 37885
2006-01-01 39661
2007-01-01 42840
2008-01-01 46112
2009-01-01 44227
2010-01-01 48074
2011-01-01 48101
2012-01-01 50730
2013-01-01 51474
2014-01-01 51714
2015-01-01 53212
2016-01-01 54195
2017-01-01 57194
2018-01-01 58109
2019-01-01 59788
2020-01-01 66068
2021-01-01 63369
2022-01-01 74200

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