Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Letcher County, KY
Series ID MHICILBKY21133A052NCEN
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 16585
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16510
1994-01-01 .
1995-01-01 18116
1996-01-01 .
1997-01-01 19688
1998-01-01 21848
1999-01-01 21310
2000-01-01 21207
2001-01-01 21253
2002-01-01 22200
2003-01-01 23228
2004-01-01 24621
2005-01-01 23224
2006-01-01 26372
2007-01-01 26496
2008-01-01 24733
2009-01-01 26827
2010-01-01 30382
2011-01-01 28362
2012-01-01 29372
2013-01-01 28967
2014-01-01 25976
2015-01-01 27882
2016-01-01 26785
2017-01-01 29602
2018-01-01 29084
2019-01-01 28802
2020-01-01 31285
2021-01-01 30571
2022-01-01 33439
2023-01-01 36552

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