Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Butler County, IA
Series ID MHICILBIA19023A052NCEN
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 3:14 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 21319
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26286
1994-01-01 .
1995-01-01 28539
1996-01-01 .
1997-01-01 32349
1998-01-01 33397
1999-01-01 34036
2000-01-01 35089
2001-01-01 35008
2002-01-01 35851
2003-01-01 36324
2004-01-01 39491
2005-01-01 37519
2006-01-01 40089
2007-01-01 41629
2008-01-01 43583
2009-01-01 47517
2010-01-01 45837
2011-01-01 48243
2012-01-01 48116
2013-01-01 49095
2014-01-01 47976
2015-01-01 51735
2016-01-01 50227
2017-01-01 53182
2018-01-01 53901
2019-01-01 52294
2020-01-01 48444
2021-01-01 60279
2022-01-01 62151
2023-01-01 65437

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