Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Bingham County, ID
Series ID MHICIUBID16011A052NCEN
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 28548
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33018
1994-01-01 .
1995-01-01 36828
1996-01-01 .
1997-01-01 37442
1998-01-01 37604
1999-01-01 37605
2000-01-01 40160
2001-01-01 39140
2002-01-01 40313
2003-01-01 40377
2004-01-01 41405
2005-01-01 43975
2006-01-01 43524
2007-01-01 45460
2008-01-01 49563
2009-01-01 46620
2010-01-01 46751
2011-01-01 48800
2012-01-01 50561
2013-01-01 51068
2014-01-01 50406
2015-01-01 54058
2016-01-01 55834
2017-01-01 56756
2018-01-01 55897
2019-01-01 64528
2020-01-01 72722
2021-01-01 69354
2022-01-01 75327

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