Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Livingston County, IL
Series ID MHICILBIL17105A052NCEN
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 3:13 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 26971
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32854
1994-01-01 .
1995-01-01 35096
1996-01-01 .
1997-01-01 38312
1998-01-01 39182
1999-01-01 38612
2000-01-01 39716
2001-01-01 39920
2002-01-01 40259
2003-01-01 41140
2004-01-01 42821
2005-01-01 47687
2006-01-01 43394
2007-01-01 43836
2008-01-01 47078
2009-01-01 46718
2010-01-01 47957
2011-01-01 49946
2012-01-01 50812
2013-01-01 48670
2014-01-01 50432
2015-01-01 51783
2016-01-01 49159
2017-01-01 50851
2018-01-01 54019
2019-01-01 49928
2020-01-01 60119
2021-01-01 57692
2022-01-01 68649
2023-01-01 62753

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