Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Otero County, CO
Series ID MHICILBCO08089A052NCEN
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 16472
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19109
1994-01-01 .
1995-01-01 21028
1996-01-01 .
1997-01-01 22022
1998-01-01 23148
1999-01-01 26466
2000-01-01 27767
2001-01-01 26936
2002-01-01 26597
2003-01-01 27490
2004-01-01 28405
2005-01-01 30201
2006-01-01 30414
2007-01-01 29622
2008-01-01 29991
2009-01-01 28029
2010-01-01 31498
2011-01-01 27970
2012-01-01 31810
2013-01-01 33650
2014-01-01 29808
2015-01-01 32079
2016-01-01 33299
2017-01-01 33812
2018-01-01 36233
2019-01-01 38812
2020-01-01 39820
2021-01-01 40711
2022-01-01 40838
2023-01-01 46986

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