Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kankakee County, IL
Series ID MHICILBIL17091A052NCEN
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 1:12 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 24426
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29016
1994-01-01 .
1995-01-01 32336
1996-01-01 .
1997-01-01 34353
1998-01-01 35254
1999-01-01 36962
2000-01-01 38651
2001-01-01 38347
2002-01-01 38627
2003-01-01 39471
2004-01-01 41051
2005-01-01 44252
2006-01-01 47858
2007-01-01 43559
2008-01-01 46919
2009-01-01 45947
2010-01-01 42986
2011-01-01 43778
2012-01-01 48735
2013-01-01 46534
2014-01-01 53488
2015-01-01 49998
2016-01-01 51251
2017-01-01 54377
2018-01-01 49761
2019-01-01 55977
2020-01-01 52118
2021-01-01 59304
2022-01-01 64615

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