Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Union Parish, LA
Series ID MHICIUBLA22111A052NCEN
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 21330
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24088
1994-01-01 .
1995-01-01 27687
1996-01-01 .
1997-01-01 29471
1998-01-01 31291
1999-01-01 30565
2000-01-01 31982
2001-01-01 31204
2002-01-01 31170
2003-01-01 31578
2004-01-01 32614
2005-01-01 34755
2006-01-01 36651
2007-01-01 37197
2008-01-01 39020
2009-01-01 38007
2010-01-01 40019
2011-01-01 37913
2012-01-01 38399
2013-01-01 39204
2014-01-01 42859
2015-01-01 42515
2016-01-01 45641
2017-01-01 44307
2018-01-01 47695
2019-01-01 49487
2020-01-01 49122
2021-01-01 48944
2022-01-01 53681

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