Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hamilton County, IN
Series ID MHICILBIN18057A052NCEN
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 44396
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 51566
1994-01-01 .
1995-01-01 61708
1996-01-01 .
1997-01-01 64733
1998-01-01 69215
1999-01-01 68488
2000-01-01 71095
2001-01-01 72838
2002-01-01 75523
2003-01-01 76002
2004-01-01 77179
2005-01-01 75965
2006-01-01 74097
2007-01-01 79816
2008-01-01 82987
2009-01-01 73864
2010-01-01 78845
2011-01-01 79537
2012-01-01 83049
2013-01-01 80287
2014-01-01 85663
2015-01-01 88445
2016-01-01 87705
2017-01-01 91419
2018-01-01 97526
2019-01-01 101295
2020-01-01 88678
2021-01-01 100016
2022-01-01 111101

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