Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Monroe County, IN
Series ID MHICILBIN18105A052NCEN
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 23501
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28902
1994-01-01 .
1995-01-01 31301
1996-01-01 .
1997-01-01 32410
1998-01-01 34399
1999-01-01 32012
2000-01-01 32909
2001-01-01 32393
2002-01-01 32432
2003-01-01 33518
2004-01-01 33981
2005-01-01 33312
2006-01-01 36061
2007-01-01 36598
2008-01-01 38039
2009-01-01 34159
2010-01-01 36092
2011-01-01 37153
2012-01-01 37263
2013-01-01 40211
2014-01-01 41272
2015-01-01 42058
2016-01-01 41780
2017-01-01 45794
2018-01-01 45477
2019-01-01 49057
2020-01-01 57570
2021-01-01 49917
2022-01-01 59230

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