Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cass County, IL
Series ID MHICILBIL17017A052NCEN
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 2:33 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 22350
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25622
1994-01-01 .
1995-01-01 26626
1996-01-01 .
1997-01-01 29812
1998-01-01 31311
1999-01-01 32516
2000-01-01 33607
2001-01-01 33296
2002-01-01 33093
2003-01-01 33941
2004-01-01 35528
2005-01-01 35813
2006-01-01 35995
2007-01-01 36792
2008-01-01 36953
2009-01-01 38062
2010-01-01 39469
2011-01-01 37078
2012-01-01 40990
2013-01-01 41590
2014-01-01 42171
2015-01-01 42099
2016-01-01 43025
2017-01-01 46113
2018-01-01 47744
2019-01-01 45377
2020-01-01 46212
2021-01-01 56173
2022-01-01 55782
2023-01-01 57784

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