Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Peoria County, IL
Series ID MHICILBIL17143A052NCEN
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 27077
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30363
1994-01-01 .
1995-01-01 33802
1996-01-01 .
1997-01-01 36713
1998-01-01 37715
1999-01-01 37594
2000-01-01 38736
2001-01-01 38644
2002-01-01 38587
2003-01-01 38862
2004-01-01 40195
2005-01-01 41539
2006-01-01 44008
2007-01-01 44806
2008-01-01 47224
2009-01-01 45173
2010-01-01 48197
2011-01-01 46766
2012-01-01 45043
2013-01-01 47712
2014-01-01 50287
2015-01-01 50546
2016-01-01 50094
2017-01-01 51801
2018-01-01 53284
2019-01-01 54531
2020-01-01 50442
2021-01-01 54085
2022-01-01 61790
2023-01-01 58806

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