Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Larue County, KY
Series ID MHICILBKY21123A052NCEN
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 18710
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23497
1994-01-01 .
1995-01-01 24908
1996-01-01 .
1997-01-01 27344
1998-01-01 28563
1999-01-01 29763
2000-01-01 30894
2001-01-01 30573
2002-01-01 30890
2003-01-01 32162
2004-01-01 32970
2005-01-01 32122
2006-01-01 37723
2007-01-01 35573
2008-01-01 34783
2009-01-01 37124
2010-01-01 34541
2011-01-01 35383
2012-01-01 36584
2013-01-01 37440
2014-01-01 36301
2015-01-01 36241
2016-01-01 40248
2017-01-01 41120
2018-01-01 40667
2019-01-01 44585
2020-01-01 43972
2021-01-01 48717
2022-01-01 47312

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