Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, IN
Series ID MHICILBIN18107A052NCEN
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 26603
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31500
1994-01-01 .
1995-01-01 33372
1996-01-01 .
1997-01-01 35744
1998-01-01 36863
1999-01-01 37728
2000-01-01 39002
2001-01-01 38573
2002-01-01 38505
2003-01-01 38924
2004-01-01 40843
2005-01-01 40789
2006-01-01 42506
2007-01-01 45266
2008-01-01 44586
2009-01-01 43589
2010-01-01 39280
2011-01-01 40765
2012-01-01 42491
2013-01-01 47657
2014-01-01 42604
2015-01-01 45903
2016-01-01 48333
2017-01-01 49197
2018-01-01 49218
2019-01-01 49857
2020-01-01 51434
2021-01-01 52205
2022-01-01 59242

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