Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Macon County, AL
Series ID MHICILBAL01087A052NCEN
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 1:55 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 13087
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16217
1994-01-01 .
1995-01-01 16670
1996-01-01 .
1997-01-01 18321
1998-01-01 19315
1999-01-01 20111
2000-01-01 20600
2001-01-01 20190
2002-01-01 20099
2003-01-01 21127
2004-01-01 21866
2005-01-01 21497
2006-01-01 22597
2007-01-01 24385
2008-01-01 24818
2009-01-01 23653
2010-01-01 24981
2011-01-01 25215
2012-01-01 25516
2013-01-01 26715
2014-01-01 25739
2015-01-01 26677
2016-01-01 27875
2017-01-01 27773
2018-01-01 29370
2019-01-01 30658
2020-01-01 32580
2021-01-01 31455
2022-01-01 32027

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