Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Porter County, IN
Series ID MHICILBIN18127A052NCEN
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 1:12 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 34449
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 41128
1994-01-01 .
1995-01-01 45967
1996-01-01 .
1997-01-01 47454
1998-01-01 49860
1999-01-01 49440
2000-01-01 50811
2001-01-01 50661
2002-01-01 50251
2003-01-01 51546
2004-01-01 53546
2005-01-01 53183
2006-01-01 55062
2007-01-01 57922
2008-01-01 60091
2009-01-01 56085
2010-01-01 54099
2011-01-01 58406
2012-01-01 60214
2013-01-01 61396
2014-01-01 59114
2015-01-01 61290
2016-01-01 63618
2017-01-01 63453
2018-01-01 64412
2019-01-01 69242
2020-01-01 71764
2021-01-01 76482
2022-01-01 79148

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