Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Marion County, KY
Series ID MHICILBKY21155A052NCEN
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 17253
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20310
1994-01-01 .
1995-01-01 21696
1996-01-01 .
1997-01-01 24129
1998-01-01 25273
1999-01-01 27712
2000-01-01 29004
2001-01-01 28625
2002-01-01 29367
2003-01-01 31168
2004-01-01 31818
2005-01-01 31736
2006-01-01 32975
2007-01-01 34973
2008-01-01 34330
2009-01-01 32468
2010-01-01 34078
2011-01-01 32959
2012-01-01 36255
2013-01-01 36473
2014-01-01 35073
2015-01-01 37428
2016-01-01 36924
2017-01-01 41531
2018-01-01 41072
2019-01-01 42451
2020-01-01 53737
2021-01-01 46001
2022-01-01 47293

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