Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Garrard County, KY
Series ID MHICILBKY21079A052NCEN
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 17983
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22067
1994-01-01 .
1995-01-01 23854
1996-01-01 .
1997-01-01 27211
1998-01-01 28718
1999-01-01 31606
2000-01-01 32882
2001-01-01 32986
2002-01-01 33261
2003-01-01 35565
2004-01-01 34583
2005-01-01 35720
2006-01-01 35131
2007-01-01 36699
2008-01-01 36186
2009-01-01 37479
2010-01-01 37043
2011-01-01 36593
2012-01-01 38769
2013-01-01 38853
2014-01-01 39998
2015-01-01 41533
2016-01-01 42871
2017-01-01 46647
2018-01-01 45781
2019-01-01 45571
2020-01-01 47786
2021-01-01 48702
2022-01-01 51573

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