Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Monroe County, IL
Series ID MHICILBIL17133A052NCEN
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 2:33 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 31685
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38034
1994-01-01 .
1995-01-01 42106
1996-01-01 .
1997-01-01 46485
1998-01-01 49473
1999-01-01 51291
2000-01-01 53320
2001-01-01 53822
2002-01-01 55372
2003-01-01 57140
2004-01-01 59748
2005-01-01 57058
2006-01-01 58059
2007-01-01 61182
2008-01-01 65440
2009-01-01 64192
2010-01-01 64205
2011-01-01 64573
2012-01-01 69323
2013-01-01 66592
2014-01-01 68057
2015-01-01 72280
2016-01-01 75441
2017-01-01 75570
2018-01-01 82895
2019-01-01 83743
2020-01-01 77300
2021-01-01 87077
2022-01-01 88585
2023-01-01 92919

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