Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Adair County, KY
Series ID MHICILBKY21001A052NCEN
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 13018
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16340
1994-01-01 .
1995-01-01 17993
1996-01-01 .
1997-01-01 18789
1998-01-01 19000
1999-01-01 21950
2000-01-01 22782
2001-01-01 22557
2002-01-01 22679
2003-01-01 23701
2004-01-01 24101
2005-01-01 24825
2006-01-01 25020
2007-01-01 30290
2008-01-01 27562
2009-01-01 26312
2010-01-01 27453
2011-01-01 27172
2012-01-01 28544
2013-01-01 28790
2014-01-01 28365
2015-01-01 29142
2016-01-01 30844
2017-01-01 31788
2018-01-01 33914
2019-01-01 33406
2020-01-01 36656
2021-01-01 37547
2022-01-01 39261

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