Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cumberland County, KY
Series ID MHICILBKY21057A052NCEN
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 9923
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 12834
1994-01-01 .
1995-01-01 14831
1996-01-01 .
1997-01-01 14998
1998-01-01 16216
1999-01-01 19790
2000-01-01 20716
2001-01-01 20345
2002-01-01 20629
2003-01-01 21441
2004-01-01 22229
2005-01-01 21890
2006-01-01 23019
2007-01-01 23943
2008-01-01 26488
2009-01-01 24154
2010-01-01 24889
2011-01-01 24923
2012-01-01 24418
2013-01-01 27648
2014-01-01 26024
2015-01-01 28224
2016-01-01 27443
2017-01-01 28260
2018-01-01 29972
2019-01-01 31239
2020-01-01 32418
2021-01-01 34720
2022-01-01 45241

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