Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Menard County, IL
Series ID MHICILBIL17129A052NCEN
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 27270
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33733
1994-01-01 .
1995-01-01 35734
1996-01-01 .
1997-01-01 39593
1998-01-01 41123
1999-01-01 42892
2000-01-01 44610
2001-01-01 44653
2002-01-01 45583
2003-01-01 46054
2004-01-01 48351
2005-01-01 48553
2006-01-01 47729
2007-01-01 50261
2008-01-01 52491
2009-01-01 50663
2010-01-01 53386
2011-01-01 53417
2012-01-01 56207
2013-01-01 54806
2014-01-01 55428
2015-01-01 58262
2016-01-01 56612
2017-01-01 59843
2018-01-01 69476
2019-01-01 71021
2020-01-01 60969
2021-01-01 67585
2022-01-01 71072
2023-01-01 70758

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