Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Beaver County, UT
Series ID MHICIUBUT49001A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 AM 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 24366
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28014
1994-01-01 .
1995-01-01 31261
1996-01-01 .
1997-01-01 33489
1998-01-01 35385
1999-01-01 36457
2000-01-01 39637
2001-01-01 39156
2002-01-01 40201
2003-01-01 40536
2004-01-01 43979
2005-01-01 42002
2006-01-01 46451
2007-01-01 42894
2008-01-01 48653
2009-01-01 46077
2010-01-01 48360
2011-01-01 48425
2012-01-01 50588
2013-01-01 50644
2014-01-01 55472
2015-01-01 55753
2016-01-01 53888
2017-01-01 56643
2018-01-01 60141
2019-01-01 64555
2020-01-01 69416
2021-01-01 66646
2022-01-01 72402
2023-01-01 75121

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