Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Blount County, AL
Series ID MHICILBAL01009A052NCEN
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 3:14 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 21781
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25362
1994-01-01 .
1995-01-01 27559
1996-01-01 .
1997-01-01 29607
1998-01-01 32554
1999-01-01 33080
2000-01-01 34240
2001-01-01 33812
2002-01-01 33995
2003-01-01 35473
2004-01-01 36296
2005-01-01 37786
2006-01-01 38297
2007-01-01 40089
2008-01-01 42817
2009-01-01 38652
2010-01-01 39577
2011-01-01 38358
2012-01-01 40725
2013-01-01 40858
2014-01-01 41885
2015-01-01 46838
2016-01-01 43017
2017-01-01 43784
2018-01-01 46157
2019-01-01 46777
2020-01-01 47820
2021-01-01 52632
2022-01-01 53958
2023-01-01 59013

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