Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Knox County, KY
Series ID MHICILBKY21121A052NCEN
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 2:05 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 12644
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 13561
1994-01-01 .
1995-01-01 15811
1996-01-01 .
1997-01-01 16609
1998-01-01 18327
1999-01-01 18589
2000-01-01 18753
2001-01-01 18558
2002-01-01 19227
2003-01-01 20743
2004-01-01 21007
2005-01-01 19858
2006-01-01 20916
2007-01-01 22407
2008-01-01 22654
2009-01-01 20343
2010-01-01 23552
2011-01-01 23046
2012-01-01 25443
2013-01-01 23769
2014-01-01 23747
2015-01-01 25949
2016-01-01 24585
2017-01-01 25446
2018-01-01 27628
2019-01-01 28227
2020-01-01 26712
2021-01-01 28560
2022-01-01 32054
2023-01-01 33007

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