Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lauderdale County, AL
Series ID MHICILBAL01077A052NCEN
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 21622
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26002
1994-01-01 .
1995-01-01 28726
1996-01-01 .
1997-01-01 30252
1998-01-01 30525
1999-01-01 30968
2000-01-01 31693
2001-01-01 31312
2002-01-01 31108
2003-01-01 32403
2004-01-01 33081
2005-01-01 31652
2006-01-01 35478
2007-01-01 35623
2008-01-01 35613
2009-01-01 36649
2010-01-01 36645
2011-01-01 37535
2012-01-01 38650
2013-01-01 41855
2014-01-01 38496
2015-01-01 40836
2016-01-01 41218
2017-01-01 42318
2018-01-01 44800
2019-01-01 44262
2020-01-01 47008
2021-01-01 46982
2022-01-01 54153
2023-01-01 59600

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