Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Latah County, ID
Series ID MHICIUBID16057A052NCEN
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 26690
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30990
1994-01-01 .
1995-01-01 34955
1996-01-01 .
1997-01-01 37938
1998-01-01 39400
1999-01-01 36249
2000-01-01 37549
2001-01-01 36320
2002-01-01 36961
2003-01-01 37948
2004-01-01 38716
2005-01-01 39916
2006-01-01 39975
2007-01-01 45385
2008-01-01 45013
2009-01-01 42096
2010-01-01 44255
2011-01-01 46079
2012-01-01 44207
2013-01-01 47399
2014-01-01 47690
2015-01-01 50562
2016-01-01 46813
2017-01-01 53890
2018-01-01 52994
2019-01-01 59153
2020-01-01 62675
2021-01-01 65383
2022-01-01 65526

Subscribe to the FRED newsletter


Follow us

Back to Top