Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Morgan County, AL
Series ID MHICILBAL01103A052NCEN
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 26099
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31014
1994-01-01 .
1995-01-01 32977
1996-01-01 .
1997-01-01 34073
1998-01-01 35492
1999-01-01 35215
2000-01-01 36837
2001-01-01 36491
2002-01-01 36521
2003-01-01 37651
2004-01-01 38587
2005-01-01 39434
2006-01-01 38036
2007-01-01 41419
2008-01-01 42902
2009-01-01 38071
2010-01-01 42019
2011-01-01 41546
2012-01-01 41286
2013-01-01 40952
2014-01-01 42365
2015-01-01 44910
2016-01-01 42712
2017-01-01 45438
2018-01-01 49692
2019-01-01 51441
2020-01-01 50240
2021-01-01 51984
2022-01-01 58364

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