Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lafayette Parish, LA

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lafayette Parish, LA
Series ID MHICIUBLA22055A052NCEN
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 1:11 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 27566
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31704
1994-01-01 .
1995-01-01 34529
1996-01-01 .
1997-01-01 38504
1998-01-01 40319
1999-01-01 38418
2000-01-01 40490
2001-01-01 39960
2002-01-01 40688
2003-01-01 41557
2004-01-01 41832
2005-01-01 42530
2006-01-01 44959
2007-01-01 47057
2008-01-01 50607
2009-01-01 49826
2010-01-01 51092
2011-01-01 50784
2012-01-01 51489
2013-01-01 58776
2014-01-01 53241
2015-01-01 54489
2016-01-01 54382
2017-01-01 56587
2018-01-01 61876
2019-01-01 63608
2020-01-01 65859
2021-01-01 63512
2022-01-01 63153

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