Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Carroll County, IA
Series ID MHICILBIA19027A052NCEN
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 1:54 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 22818
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28324
1994-01-01 .
1995-01-01 30016
1996-01-01 .
1997-01-01 33697
1998-01-01 33812
1999-01-01 35139
2000-01-01 36143
2001-01-01 36362
2002-01-01 36815
2003-01-01 38063
2004-01-01 40566
2005-01-01 38867
2006-01-01 41622
2007-01-01 43890
2008-01-01 44758
2009-01-01 41862
2010-01-01 45476
2011-01-01 44723
2012-01-01 46369
2013-01-01 46667
2014-01-01 47335
2015-01-01 56194
2016-01-01 51542
2017-01-01 51108
2018-01-01 54509
2019-01-01 55022
2020-01-01 57089
2021-01-01 59716
2022-01-01 66563

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