Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Macon County, IL
Series ID MHICILBIL17115A052NCEN
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 26953
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30082
1994-01-01 .
1995-01-01 31979
1996-01-01 .
1997-01-01 35782
1998-01-01 37830
1999-01-01 36484
2000-01-01 37629
2001-01-01 36612
2002-01-01 35459
2003-01-01 35166
2004-01-01 36726
2005-01-01 37624
2006-01-01 39209
2007-01-01 42629
2008-01-01 43895
2009-01-01 41775
2010-01-01 39818
2011-01-01 42072
2012-01-01 42770
2013-01-01 43924
2014-01-01 44736
2015-01-01 45708
2016-01-01 44243
2017-01-01 49140
2018-01-01 47911
2019-01-01 48489
2020-01-01 53349
2021-01-01 45491
2022-01-01 56909

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