Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Vanderburgh County, IN
Series ID MHICILBIN18163A052NCEN
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 23976
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27620
1994-01-01 .
1995-01-01 30140
1996-01-01 .
1997-01-01 32374
1998-01-01 33864
1999-01-01 34713
2000-01-01 36047
2001-01-01 35356
2002-01-01 35309
2003-01-01 36138
2004-01-01 36829
2005-01-01 39445
2006-01-01 37669
2007-01-01 40365
2008-01-01 39922
2009-01-01 39599
2010-01-01 38852
2011-01-01 41630
2012-01-01 40111
2013-01-01 39722
2014-01-01 40688
2015-01-01 41129
2016-01-01 43762
2017-01-01 44677
2018-01-01 48389
2019-01-01 49540
2020-01-01 46375
2021-01-01 50826
2022-01-01 54012

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