Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Elko County, NV
Series ID MHICIUBNV32007A052NCEN
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 1:51 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 37230
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 44978
1994-01-01 .
1995-01-01 50819
1996-01-01 .
1997-01-01 52969
1998-01-01 55928
1999-01-01 53128
2000-01-01 54873
2001-01-01 54062
2002-01-01 53247
2003-01-01 52894
2004-01-01 55494
2005-01-01 58327
2006-01-01 62225
2007-01-01 66905
2008-01-01 73100
2009-01-01 67524
2010-01-01 69957
2011-01-01 67714
2012-01-01 72884
2013-01-01 75344
2014-01-01 79103
2015-01-01 80905
2016-01-01 76541
2017-01-01 83370
2018-01-01 85259
2019-01-01 90494
2020-01-01 82134
2021-01-01 90437
2022-01-01 95090

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