Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Orange County, IN
Series ID MHICILBIN18117A052NCEN
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 18859
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23312
1994-01-01 .
1995-01-01 24273
1996-01-01 .
1997-01-01 26404
1998-01-01 27928
1999-01-01 29293
2000-01-01 30425
2001-01-01 29961
2002-01-01 30005
2003-01-01 30780
2004-01-01 31614
2005-01-01 30982
2006-01-01 31945
2007-01-01 34913
2008-01-01 34624
2009-01-01 33366
2010-01-01 32959
2011-01-01 34325
2012-01-01 35319
2013-01-01 36271
2014-01-01 35725
2015-01-01 37110
2016-01-01 37014
2017-01-01 38703
2018-01-01 40554
2019-01-01 43273
2020-01-01 45024
2021-01-01 47680
2022-01-01 47817

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