Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Routt County, CO
Series ID MHICIUBCO08107A052NCEN
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 31628
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37904
1994-01-01 .
1995-01-01 42081
1996-01-01 .
1997-01-01 46152
1998-01-01 48745
1999-01-01 54226
2000-01-01 58447
2001-01-01 58527
2002-01-01 57529
2003-01-01 57020
2004-01-01 58340
2005-01-01 63626
2006-01-01 66189
2007-01-01 69021
2008-01-01 66109
2009-01-01 69698
2010-01-01 65009
2011-01-01 71128
2012-01-01 68042
2013-01-01 70062
2014-01-01 72092
2015-01-01 76948
2016-01-01 78163
2017-01-01 84135
2018-01-01 88809
2019-01-01 97682
2020-01-01 93493
2021-01-01 103848
2022-01-01 113793
2023-01-01 124963

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