Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kentucky

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kentucky
Series ID MHICILBKY21000A052NCEN
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 22194
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23973
1994-01-01 .
1995-01-01 27415
1996-01-01 28685
1997-01-01 29982
1998-01-01 32030
1999-01-01 32351
2000-01-01 33342
2001-01-01 34374
2002-01-01 34132
2003-01-01 35184
2004-01-01 35554
2005-01-01 36915
2006-01-01 38806
2007-01-01 39795
2008-01-01 41049
2009-01-01 39545
2010-01-01 39605
2011-01-01 40687
2012-01-01 41304
2013-01-01 42676
2014-01-01 42243
2015-01-01 44714
2016-01-01 46022
2017-01-01 47716
2018-01-01 49631
2019-01-01 51639
2020-01-01 53239
2021-01-01 54838
2022-01-01 58340

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