Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Elliott County, KY
Series ID MHICILBKY21063A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:33 AM 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 12307
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 13898
1994-01-01 .
1995-01-01 15009
1996-01-01 .
1997-01-01 17389
1998-01-01 19243
1999-01-01 20473
2000-01-01 20722
2001-01-01 20248
2002-01-01 20896
2003-01-01 22531
2004-01-01 22828
2005-01-01 22206
2006-01-01 23069
2007-01-01 24451
2008-01-01 23843
2009-01-01 24608
2010-01-01 26508
2011-01-01 26394
2012-01-01 26121
2013-01-01 26626
2014-01-01 27524
2015-01-01 27134
2016-01-01 30026
2017-01-01 29171
2018-01-01 31597
2019-01-01 30061
2020-01-01 29572
2021-01-01 30240
2022-01-01 35313
2023-01-01 38014

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