Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lane County, KS
Series ID MHICILBKS20101A052NCEN
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 1:54 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 25307
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28308
1994-01-01 .
1995-01-01 25166
1996-01-01 .
1997-01-01 28585
1998-01-01 32292
1999-01-01 34084
2000-01-01 34884
2001-01-01 34364
2002-01-01 33334
2003-01-01 33577
2004-01-01 31333
2005-01-01 32535
2006-01-01 37204
2007-01-01 40566
2008-01-01 42516
2009-01-01 38256
2010-01-01 40353
2011-01-01 43440
2012-01-01 47376
2013-01-01 48103
2014-01-01 47997
2015-01-01 51809
2016-01-01 50816
2017-01-01 48909
2018-01-01 52755
2019-01-01 52848
2020-01-01 51107
2021-01-01 53730
2022-01-01 56693

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