Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Switzerland County, IN
Series ID MHICILBIN18155A052NCEN
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 2:33 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 16992
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22858
1994-01-01 .
1995-01-01 26219
1996-01-01 .
1997-01-01 28277
1998-01-01 29203
1999-01-01 32167
2000-01-01 33843
2001-01-01 33720
2002-01-01 32990
2003-01-01 34360
2004-01-01 36169
2005-01-01 36231
2006-01-01 38450
2007-01-01 39118
2008-01-01 38664
2009-01-01 38295
2010-01-01 38362
2011-01-01 38611
2012-01-01 38343
2013-01-01 39017
2014-01-01 43808
2015-01-01 42259
2016-01-01 40647
2017-01-01 42229
2018-01-01 42594
2019-01-01 46718
2020-01-01 47356
2021-01-01 50555
2022-01-01 55933
2023-01-01 53502

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