Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Boone County, IN
Series ID MHICILBIN18011A052NCEN
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 1:12 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 32368
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38992
1994-01-01 .
1995-01-01 44736
1996-01-01 .
1997-01-01 48703
1998-01-01 50693
1999-01-01 48537
2000-01-01 50615
2001-01-01 51508
2002-01-01 52841
2003-01-01 53880
2004-01-01 55471
2005-01-01 57030
2006-01-01 59535
2007-01-01 60322
2008-01-01 68222
2009-01-01 61648
2010-01-01 60492
2011-01-01 59473
2012-01-01 64638
2013-01-01 63319
2014-01-01 63408
2015-01-01 69959
2016-01-01 75220
2017-01-01 77541
2018-01-01 78152
2019-01-01 74992
2020-01-01 86773
2021-01-01 89970
2022-01-01 95819

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