Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clay County, IN
Series ID MHICILBIN18021A052NCEN
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 22062
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26170
1994-01-01 .
1995-01-01 28322
1996-01-01 .
1997-01-01 29814
1998-01-01 31806
1999-01-01 33890
2000-01-01 35405
2001-01-01 34789
2002-01-01 35121
2003-01-01 36292
2004-01-01 37637
2005-01-01 36857
2006-01-01 37650
2007-01-01 38754
2008-01-01 42950
2009-01-01 39353
2010-01-01 39375
2011-01-01 40790
2012-01-01 40591
2013-01-01 44159
2014-01-01 40034
2015-01-01 45111
2016-01-01 46331
2017-01-01 46641
2018-01-01 47874
2019-01-01 48653
2020-01-01 48715
2021-01-01 59131
2022-01-01 55159
2023-01-01 55627

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