Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Franklin County, KY
Series ID MHICILBKY21073A052NCEN
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 24833
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29439
1994-01-01 .
1995-01-01 31621
1996-01-01 .
1997-01-01 34182
1998-01-01 35873
1999-01-01 37108
2000-01-01 38567
2001-01-01 38025
2002-01-01 38603
2003-01-01 39695
2004-01-01 39717
2005-01-01 41257
2006-01-01 41177
2007-01-01 43904
2008-01-01 44982
2009-01-01 42700
2010-01-01 42602
2011-01-01 41275
2012-01-01 43279
2013-01-01 42365
2014-01-01 45376
2015-01-01 46837
2016-01-01 47715
2017-01-01 48619
2018-01-01 49147
2019-01-01 53416
2020-01-01 52648
2021-01-01 54693
2022-01-01 53232
2023-01-01 60977

Subscribe to the FRED newsletter


Follow us

Back to Top