Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ouachita Parish, LA
Series ID MHICIUBLA22073A052NCEN
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 23169
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26792
1994-01-01 .
1995-01-01 29930
1996-01-01 .
1997-01-01 31559
1998-01-01 32544
1999-01-01 32545
2000-01-01 34154
2001-01-01 33499
2002-01-01 33937
2003-01-01 34869
2004-01-01 35046
2005-01-01 37015
2006-01-01 37605
2007-01-01 39601
2008-01-01 42313
2009-01-01 40172
2010-01-01 40295
2011-01-01 38164
2012-01-01 39102
2013-01-01 42275
2014-01-01 43081
2015-01-01 41113
2016-01-01 40963
2017-01-01 44205
2018-01-01 47935
2019-01-01 46765
2020-01-01 51382
2021-01-01 51129
2022-01-01 50619

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