Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cedar County, IA
Series ID MHICILBIA19031A052NCEN
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 25448
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30912
1994-01-01 .
1995-01-01 32267
1996-01-01 .
1997-01-01 37611
1998-01-01 39234
1999-01-01 39756
2000-01-01 41253
2001-01-01 41439
2002-01-01 41974
2003-01-01 42936
2004-01-01 44872
2005-01-01 44298
2006-01-01 45406
2007-01-01 47741
2008-01-01 50776
2009-01-01 48491
2010-01-01 51721
2011-01-01 55090
2012-01-01 53090
2013-01-01 56691
2014-01-01 57974
2015-01-01 56018
2016-01-01 58260
2017-01-01 57755
2018-01-01 61046
2019-01-01 65484
2020-01-01 63495
2021-01-01 68563
2022-01-01 64597

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