Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Gilpin County, CO

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Gilpin County, CO
Series ID MHICILBCO08047A052NCEN
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 3:13 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 30770
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37387
1994-01-01 .
1995-01-01 41770
1996-01-01 .
1997-01-01 47714
1998-01-01 49884
1999-01-01 47567
2000-01-01 49909
2001-01-01 50518
2002-01-01 49979
2003-01-01 49572
2004-01-01 50717
2005-01-01 51812
2006-01-01 54899
2007-01-01 56535
2008-01-01 56583
2009-01-01 53418
2010-01-01 57061
2011-01-01 55342
2012-01-01 55747
2013-01-01 59010
2014-01-01 58051
2015-01-01 61455
2016-01-01 58391
2017-01-01 73220
2018-01-01 65244
2019-01-01 65649
2020-01-01 67476
2021-01-01 72628
2022-01-01 78812
2023-01-01 78869

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