Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Talladega County, AL
Series ID MHICILBAL01121A052NCEN
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 18321
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21572
1994-01-01 .
1995-01-01 22694
1996-01-01 .
1997-01-01 24053
1998-01-01 24712
1999-01-01 27841
2000-01-01 29186
2001-01-01 28571
2002-01-01 29259
2003-01-01 31113
2004-01-01 32281
2005-01-01 31350
2006-01-01 32936
2007-01-01 35526
2008-01-01 33305
2009-01-01 34191
2010-01-01 33447
2011-01-01 31308
2012-01-01 32074
2013-01-01 35625
2014-01-01 36971
2015-01-01 34673
2016-01-01 37283
2017-01-01 38115
2018-01-01 38789
2019-01-01 42968
2020-01-01 39131
2021-01-01 42667
2022-01-01 51202

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