Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kodiak Island Borough, AK

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kodiak Island Borough, AK
Series ID MHICILBAK02150A052NCEN
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 1:12 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 39266
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 45161
1994-01-01 .
1995-01-01 46689
1996-01-01 .
1997-01-01 42610
1998-01-01 42992
1999-01-01 44942
2000-01-01 47035
2001-01-01 46822
2002-01-01 47187
2003-01-01 48453
2004-01-01 49229
2005-01-01 50320
2006-01-01 56874
2007-01-01 53360
2008-01-01 55328
2009-01-01 56501
2010-01-01 54597
2011-01-01 61548
2012-01-01 55791
2013-01-01 58535
2014-01-01 62679
2015-01-01 60747
2016-01-01 67867
2017-01-01 63459
2018-01-01 66543
2019-01-01 71610
2020-01-01 61290
2021-01-01 70960
2022-01-01 74051

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