Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Benton County, WA
Series ID MHICIUBWA53005A052NCEN
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 35083
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42437
1994-01-01 .
1995-01-01 48872
1996-01-01 .
1997-01-01 49131
1998-01-01 50563
1999-01-01 49905
2000-01-01 52165
2001-01-01 51485
2002-01-01 53943
2003-01-01 55172
2004-01-01 56387
2005-01-01 55983
2006-01-01 53493
2007-01-01 56164
2008-01-01 60030
2009-01-01 60547
2010-01-01 62974
2011-01-01 64274
2012-01-01 60734
2013-01-01 61562
2014-01-01 61428
2015-01-01 65676
2016-01-01 67154
2017-01-01 68539
2018-01-01 74396
2019-01-01 77565
2020-01-01 79866
2021-01-01 81013
2022-01-01 91041

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