Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Benton County, OR
Series ID MHICIUBOR41003A052NCEN
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 1:09 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 31671
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36714
1994-01-01 .
1995-01-01 41595
1996-01-01 .
1997-01-01 46808
1998-01-01 48288
1999-01-01 46092
2000-01-01 47703
2001-01-01 47068
2002-01-01 46827
2003-01-01 46631
2004-01-01 48290
2005-01-01 48229
2006-01-01 51537
2007-01-01 52748
2008-01-01 56265
2009-01-01 51817
2010-01-01 53021
2011-01-01 49476
2012-01-01 55829
2013-01-01 54434
2014-01-01 58619
2015-01-01 59057
2016-01-01 59378
2017-01-01 64452
2018-01-01 68326
2019-01-01 73784
2020-01-01 72563
2021-01-01 70173
2022-01-01 75014

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