Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Canyon County, ID
Series ID MHICIUBID16027A052NCEN
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 1:10 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 24191
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28487
1994-01-01 .
1995-01-01 34596
1996-01-01 .
1997-01-01 34304
1998-01-01 35211
1999-01-01 36746
2000-01-01 39627
2001-01-01 38781
2002-01-01 39148
2003-01-01 39938
2004-01-01 41794
2005-01-01 43137
2006-01-01 43671
2007-01-01 45559
2008-01-01 46060
2009-01-01 41337
2010-01-01 44673
2011-01-01 41107
2012-01-01 43333
2013-01-01 44326
2014-01-01 45660
2015-01-01 47978
2016-01-01 50753
2017-01-01 50284
2018-01-01 56167
2019-01-01 61695
2020-01-01 63093
2021-01-01 67208
2022-01-01 73823

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