Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Fayette County, AL
Series ID MHICILBAL01057A052NCEN
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 2:33 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 19147
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21609
1994-01-01 .
1995-01-01 23735
1996-01-01 .
1997-01-01 25748
1998-01-01 26552
1999-01-01 27416
2000-01-01 28256
2001-01-01 27786
2002-01-01 27434
2003-01-01 28425
2004-01-01 28751
2005-01-01 28883
2006-01-01 31712
2007-01-01 32931
2008-01-01 30773
2009-01-01 31373
2010-01-01 29639
2011-01-01 29767
2012-01-01 32757
2013-01-01 32265
2014-01-01 32388
2015-01-01 33943
2016-01-01 34441
2017-01-01 35310
2018-01-01 35024
2019-01-01 39183
2020-01-01 40131
2021-01-01 40615
2022-01-01 43956
2023-01-01 43591

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