Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Allen County, IN
Series ID MHICILBIN18003A052NCEN
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 28724
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32810
1994-01-01 .
1995-01-01 35785
1996-01-01 .
1997-01-01 39731
1998-01-01 41259
1999-01-01 40157
2000-01-01 41386
2001-01-01 40799
2002-01-01 40377
2003-01-01 40579
2004-01-01 40373
2005-01-01 43460
2006-01-01 44211
2007-01-01 46137
2008-01-01 46855
2009-01-01 45358
2010-01-01 45479
2011-01-01 45538
2012-01-01 46970
2013-01-01 43545
2014-01-01 47044
2015-01-01 48068
2016-01-01 49842
2017-01-01 51100
2018-01-01 52867
2019-01-01 54706
2020-01-01 58621
2021-01-01 60376
2022-01-01 63598

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