Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Summit County, UT
Series ID MHICIUBUT49043A052NCEN
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 38617
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 45833
1994-01-01 .
1995-01-01 60276
1996-01-01 .
1997-01-01 60027
1998-01-01 60454
1999-01-01 68342
2000-01-01 72040
2001-01-01 72668
2002-01-01 71109
2003-01-01 70193
2004-01-01 71446
2005-01-01 79495
2006-01-01 83539
2007-01-01 87536
2008-01-01 84749
2009-01-01 79773
2010-01-01 80797
2011-01-01 91790
2012-01-01 90516
2013-01-01 87768
2014-01-01 99673
2015-01-01 101057
2016-01-01 102650
2017-01-01 106186
2018-01-01 115727
2019-01-01 122795
2020-01-01 122570
2021-01-01 136701
2022-01-01 145845

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