Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Howard County, IN
Series ID MHICILBIN18067A052NCEN
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 3:13 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 29741
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33929
1994-01-01 .
1995-01-01 38262
1996-01-01 .
1997-01-01 40378
1998-01-01 41979
1999-01-01 41138
2000-01-01 42468
2001-01-01 41376
2002-01-01 41398
2003-01-01 43147
2004-01-01 42812
2005-01-01 43613
2006-01-01 41922
2007-01-01 43172
2008-01-01 45557
2009-01-01 43284
2010-01-01 38576
2011-01-01 37962
2012-01-01 38951
2013-01-01 41947
2014-01-01 43852
2015-01-01 44910
2016-01-01 44875
2017-01-01 46896
2018-01-01 51740
2019-01-01 51203
2020-01-01 53347
2021-01-01 52613
2022-01-01 53134
2023-01-01 59282

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