Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cumberland County, IL
Series ID MHICILBIL17035A052NCEN
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 22356
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25635
1994-01-01 .
1995-01-01 28121
1996-01-01 .
1997-01-01 30545
1998-01-01 31233
1999-01-01 33166
2000-01-01 34705
2001-01-01 34847
2002-01-01 34801
2003-01-01 35256
2004-01-01 37084
2005-01-01 36638
2006-01-01 39236
2007-01-01 37141
2008-01-01 40915
2009-01-01 39085
2010-01-01 39684
2011-01-01 42875
2012-01-01 40747
2013-01-01 42775
2014-01-01 44596
2015-01-01 46807
2016-01-01 44568
2017-01-01 50798
2018-01-01 55779
2019-01-01 48960
2020-01-01 58785
2021-01-01 61970
2022-01-01 71554

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