Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Tipton County, IN
Series ID MHICILBIN18159A052NCEN
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 28160
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33928
1994-01-01 .
1995-01-01 37369
1996-01-01 .
1997-01-01 40165
1998-01-01 41118
1999-01-01 43975
2000-01-01 45952
2001-01-01 45370
2002-01-01 45525
2003-01-01 46714
2004-01-01 48327
2005-01-01 47713
2006-01-01 47550
2007-01-01 49998
2008-01-01 49246
2009-01-01 47527
2010-01-01 49580
2011-01-01 48966
2012-01-01 48802
2013-01-01 48152
2014-01-01 49983
2015-01-01 50972
2016-01-01 54887
2017-01-01 50065
2018-01-01 55733
2019-01-01 63286
2020-01-01 68832
2021-01-01 60117
2022-01-01 59347
2023-01-01 69036

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