Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Alabama

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Alabama
Series ID MHICILBAL01000A052NCEN
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 2:34 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 21126
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24739
1994-01-01 .
1995-01-01 25953
1996-01-01 27833
1997-01-01 29131
1998-01-01 31213
1999-01-01 32372
2000-01-01 33241
2001-01-01 33377
2002-01-01 34186
2003-01-01 34659
2004-01-01 35614
2005-01-01 36431
2006-01-01 38320
2007-01-01 40178
2008-01-01 41924
2009-01-01 40037
2010-01-01 40081
2011-01-01 40894
2012-01-01 41143
2013-01-01 42260
2014-01-01 42335
2015-01-01 44110
2016-01-01 45650
2017-01-01 47451
2018-01-01 49123
2019-01-01 51179
2020-01-01 53013
2021-01-01 53218
2022-01-01 58986
2023-01-01 61546

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