Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Floyd County, KY
Series ID MHICILBKY21071A052NCEN
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 15494
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17178
1994-01-01 .
1995-01-01 18932
1996-01-01 .
1997-01-01 19802
1998-01-01 21374
1999-01-01 21231
2000-01-01 21312
2001-01-01 20771
2002-01-01 21534
2003-01-01 22731
2004-01-01 23659
2005-01-01 23687
2006-01-01 24373
2007-01-01 24030
2008-01-01 25059
2009-01-01 27005
2010-01-01 26505
2011-01-01 26149
2012-01-01 28208
2013-01-01 28557
2014-01-01 27456
2015-01-01 27911
2016-01-01 28142
2017-01-01 29864
2018-01-01 29799
2019-01-01 32197
2020-01-01 30065
2021-01-01 31977
2022-01-01 33130

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