Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Tippecanoe County, IN
Series ID MHICILBIN18157A052NCEN
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 26061
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31019
1994-01-01 .
1995-01-01 33577
1996-01-01 .
1997-01-01 36936
1998-01-01 38682
1999-01-01 36476
2000-01-01 37123
2001-01-01 36712
2002-01-01 36115
2003-01-01 37144
2004-01-01 37549
2005-01-01 38426
2006-01-01 38523
2007-01-01 40004
2008-01-01 43411
2009-01-01 40005
2010-01-01 38726
2011-01-01 40933
2012-01-01 41121
2013-01-01 45133
2014-01-01 43974
2015-01-01 47514
2016-01-01 49861
2017-01-01 49408
2018-01-01 48477
2019-01-01 47928
2020-01-01 48659
2021-01-01 51007
2022-01-01 52542

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