Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for McCracken County, KY
Series ID MHICILBKY21145A052NCEN
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 21134
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25354
1994-01-01 .
1995-01-01 28596
1996-01-01 .
1997-01-01 30583
1998-01-01 32850
1999-01-01 32729
2000-01-01 33527
2001-01-01 33034
2002-01-01 32857
2003-01-01 33609
2004-01-01 34371
2005-01-01 34598
2006-01-01 34712
2007-01-01 38948
2008-01-01 38533
2009-01-01 38553
2010-01-01 38427
2011-01-01 41404
2012-01-01 39628
2013-01-01 39124
2014-01-01 37433
2015-01-01 43261
2016-01-01 39166
2017-01-01 45403
2018-01-01 44979
2019-01-01 43767
2020-01-01 45328
2021-01-01 56645
2022-01-01 55845

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