Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Marshall County, IN
Series ID MHICILBIN18099A052NCEN
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 25694
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31295
1994-01-01 .
1995-01-01 32886
1996-01-01 .
1997-01-01 36262
1998-01-01 38731
1999-01-01 39143
2000-01-01 40077
2001-01-01 39356
2002-01-01 39223
2003-01-01 40565
2004-01-01 42427
2005-01-01 43852
2006-01-01 48065
2007-01-01 48596
2008-01-01 46364
2009-01-01 42577
2010-01-01 40229
2011-01-01 43466
2012-01-01 42441
2013-01-01 42183
2014-01-01 48847
2015-01-01 46202
2016-01-01 49439
2017-01-01 49397
2018-01-01 51096
2019-01-01 49335
2020-01-01 51932
2021-01-01 64396
2022-01-01 64662

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