Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Mason County, KY
Series ID MHICILBKY21161A052NCEN
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 18749
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22460
1994-01-01 .
1995-01-01 23733
1996-01-01 .
1997-01-01 26261
1998-01-01 27853
1999-01-01 28373
2000-01-01 29533
2001-01-01 29344
2002-01-01 29832
2003-01-01 31116
2004-01-01 31960
2005-01-01 29906
2006-01-01 34612
2007-01-01 34368
2008-01-01 34346
2009-01-01 34251
2010-01-01 33510
2011-01-01 36097
2012-01-01 33636
2013-01-01 39508
2014-01-01 36050
2015-01-01 33363
2016-01-01 39328
2017-01-01 41112
2018-01-01 37885
2019-01-01 42559
2020-01-01 41897
2021-01-01 44190
2022-01-01 43085
2023-01-01 50545

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