Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Barren County, KY
Series ID MHICILBKY21009A052NCEN
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 18646
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22142
1994-01-01 .
1995-01-01 24540
1996-01-01 .
1997-01-01 26422
1998-01-01 28405
1999-01-01 29372
2000-01-01 30123
2001-01-01 29613
2002-01-01 29715
2003-01-01 30921
2004-01-01 31482
2005-01-01 31687
2006-01-01 32890
2007-01-01 35780
2008-01-01 33182
2009-01-01 33336
2010-01-01 34948
2011-01-01 32985
2012-01-01 34240
2013-01-01 34877
2014-01-01 35141
2015-01-01 36611
2016-01-01 37463
2017-01-01 38260
2018-01-01 39122
2019-01-01 40298
2020-01-01 39972
2021-01-01 44283
2022-01-01 46472

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