Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Payette County, ID
Series ID MHICIUBID16075A052NCEN
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 22864
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26855
1994-01-01 .
1995-01-01 31418
1996-01-01 .
1997-01-01 32945
1998-01-01 34893
1999-01-01 35185
2000-01-01 37346
2001-01-01 36039
2002-01-01 36513
2003-01-01 37827
2004-01-01 38943
2005-01-01 40267
2006-01-01 43092
2007-01-01 45891
2008-01-01 43829
2009-01-01 49042
2010-01-01 43315
2011-01-01 42377
2012-01-01 45121
2013-01-01 45551
2014-01-01 49589
2015-01-01 49040
2016-01-01 51150
2017-01-01 54430
2018-01-01 57206
2019-01-01 58511
2020-01-01 68118
2021-01-01 64678
2022-01-01 67028

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