Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Valley County, ID
Series ID MHICIUBID16085A052NCEN
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 27572
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31288
1994-01-01 .
1995-01-01 36901
1996-01-01 .
1997-01-01 36573
1998-01-01 37583
1999-01-01 38654
2000-01-01 41088
2001-01-01 40495
2002-01-01 41373
2003-01-01 42019
2004-01-01 45633
2005-01-01 47323
2006-01-01 45808
2007-01-01 55834
2008-01-01 55063
2009-01-01 52268
2010-01-01 49341
2011-01-01 50978
2012-01-01 50710
2013-01-01 53568
2014-01-01 54637
2015-01-01 56843
2016-01-01 63291
2017-01-01 62670
2018-01-01 66722
2019-01-01 71610
2020-01-01 72182
2021-01-01 77528
2022-01-01 83228

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