Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Warrick County, IN
Series ID MHICILBIN18173A052NCEN
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 2:02 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 32471
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38217
1994-01-01 .
1995-01-01 42088
1996-01-01 .
1997-01-01 44483
1998-01-01 46942
1999-01-01 46212
2000-01-01 47559
2001-01-01 47682
2002-01-01 49249
2003-01-01 50597
2004-01-01 52258
2005-01-01 51401
2006-01-01 57933
2007-01-01 57217
2008-01-01 52681
2009-01-01 55110
2010-01-01 55282
2011-01-01 59130
2012-01-01 56610
2013-01-01 58127
2014-01-01 60456
2015-01-01 61137
2016-01-01 60419
2017-01-01 70606
2018-01-01 69373
2019-01-01 74690
2020-01-01 75539
2021-01-01 75183
2022-01-01 75662
2023-01-01 79356

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