Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bell County, KY
Series ID MHICILBKY21013A052NCEN
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 13163
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 13745
1994-01-01 .
1995-01-01 15634
1996-01-01 .
1997-01-01 16637
1998-01-01 18160
1999-01-01 18877
2000-01-01 18898
2001-01-01 18459
2002-01-01 18768
2003-01-01 19837
2004-01-01 20556
2005-01-01 19434
2006-01-01 21209
2007-01-01 21726
2008-01-01 22578
2009-01-01 22159
2010-01-01 24483
2011-01-01 22737
2012-01-01 23445
2013-01-01 23350
2014-01-01 22522
2015-01-01 21529
2016-01-01 23267
2017-01-01 25118
2018-01-01 26357
2019-01-01 27627
2020-01-01 25924
2021-01-01 27481
2022-01-01 29738

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