Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lee County, AL
Series ID MHICILBAL01081A052NCEN
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 21249
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25303
1994-01-01 .
1995-01-01 26177
1996-01-01 .
1997-01-01 28666
1998-01-01 30301
1999-01-01 29805
2000-01-01 30244
2001-01-01 29958
2002-01-01 30187
2003-01-01 31399
2004-01-01 32447
2005-01-01 33311
2006-01-01 34807
2007-01-01 36823
2008-01-01 38824
2009-01-01 35473
2010-01-01 37535
2011-01-01 40406
2012-01-01 40232
2013-01-01 41677
2014-01-01 38469
2015-01-01 44003
2016-01-01 45091
2017-01-01 47509
2018-01-01 44909
2019-01-01 49432
2020-01-01 51807
2021-01-01 49989
2022-01-01 55607

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