Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Shelby County, IL
Series ID MHICILBIL17173A052NCEN
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 22885
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28230
1994-01-01 .
1995-01-01 28730
1996-01-01 .
1997-01-01 31735
1998-01-01 32459
1999-01-01 34260
2000-01-01 35559
2001-01-01 35248
2002-01-01 34793
2003-01-01 35251
2004-01-01 37771
2005-01-01 42592
2006-01-01 38705
2007-01-01 37941
2008-01-01 43074
2009-01-01 40874
2010-01-01 41588
2011-01-01 42399
2012-01-01 44078
2013-01-01 48176
2014-01-01 44750
2015-01-01 45752
2016-01-01 46170
2017-01-01 47554
2018-01-01 52872
2019-01-01 55094
2020-01-01 59796
2021-01-01 51116
2022-01-01 57895

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