Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Shoshone County, ID
Series ID MHICIUBID16079A052NCEN
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 24052
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25031
1994-01-01 .
1995-01-01 27463
1996-01-01 .
1997-01-01 30504
1998-01-01 32193
1999-01-01 30423
2000-01-01 32115
2001-01-01 30556
2002-01-01 30180
2003-01-01 31313
2004-01-01 32247
2005-01-01 33634
2006-01-01 35055
2007-01-01 38287
2008-01-01 41164
2009-01-01 38430
2010-01-01 39016
2011-01-01 39480
2012-01-01 40632
2013-01-01 41089
2014-01-01 39987
2015-01-01 40203
2016-01-01 43253
2017-01-01 49038
2018-01-01 39367
2019-01-01 43217
2020-01-01 50469
2021-01-01 52847
2022-01-01 50812

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