Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Pike County, IN
Series ID MHICILBIN18125A052NCEN
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 21895
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25270
1994-01-01 .
1995-01-01 25976
1996-01-01 .
1997-01-01 29360
1998-01-01 31048
1999-01-01 32478
2000-01-01 33976
2001-01-01 33350
2002-01-01 33700
2003-01-01 35567
2004-01-01 37521
2005-01-01 35373
2006-01-01 38046
2007-01-01 36574
2008-01-01 42229
2009-01-01 37474
2010-01-01 36617
2011-01-01 38625
2012-01-01 40756
2013-01-01 41189
2014-01-01 42486
2015-01-01 42886
2016-01-01 45524
2017-01-01 44855
2018-01-01 49199
2019-01-01 46749
2020-01-01 51230
2021-01-01 46219
2022-01-01 60023
2023-01-01 59293

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