Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Grant County, KY
Series ID MHICILBKY21081A052NCEN
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 3:13 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 21444
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25600
1994-01-01 .
1995-01-01 28567
1996-01-01 .
1997-01-01 29822
1998-01-01 30804
1999-01-01 34524
2000-01-01 36406
2001-01-01 36193
2002-01-01 36877
2003-01-01 38678
2004-01-01 39326
2005-01-01 40353
2006-01-01 40055
2007-01-01 39075
2008-01-01 42119
2009-01-01 40066
2010-01-01 39370
2011-01-01 39851
2012-01-01 42515
2013-01-01 40362
2014-01-01 42209
2015-01-01 41479
2016-01-01 44279
2017-01-01 46475
2018-01-01 48314
2019-01-01 49582
2020-01-01 49882
2021-01-01 53675
2022-01-01 59692
2023-01-01 61445

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