Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Carter County, KY
Series ID MHICILBKY21043A052NCEN
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 15175
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17222
1994-01-01 .
1995-01-01 19440
1996-01-01 .
1997-01-01 20886
1998-01-01 22788
1999-01-01 24923
2000-01-01 26026
2001-01-01 25277
2002-01-01 25766
2003-01-01 27320
2004-01-01 27632
2005-01-01 27665
2006-01-01 27801
2007-01-01 29857
2008-01-01 30289
2009-01-01 31174
2010-01-01 31321
2011-01-01 32215
2012-01-01 33306
2013-01-01 31497
2014-01-01 32222
2015-01-01 33944
2016-01-01 33729
2017-01-01 33040
2018-01-01 29172
2019-01-01 39241
2020-01-01 38407
2021-01-01 38310
2022-01-01 42864

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