Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Martin County, KY
Series ID MHICILBKY21159A052NCEN
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 18186
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17392
1994-01-01 .
1995-01-01 19021
1996-01-01 .
1997-01-01 19308
1998-01-01 20294
1999-01-01 18988
2000-01-01 18678
2001-01-01 18436
2002-01-01 19198
2003-01-01 20695
2004-01-01 21157
2005-01-01 20256
2006-01-01 22447
2007-01-01 23292
2008-01-01 20587
2009-01-01 23150
2010-01-01 26743
2011-01-01 25980
2012-01-01 26204
2013-01-01 24449
2014-01-01 24519
2015-01-01 26354
2016-01-01 27122
2017-01-01 27267
2018-01-01 25781
2019-01-01 30743
2020-01-01 25712
2021-01-01 25678
2022-01-01 30188

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