Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Metcalfe County, KY
Series ID MHICILBKY21169A052NCEN
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 1:12 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 11696
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 15243
1994-01-01 .
1995-01-01 18017
1996-01-01 .
1997-01-01 18827
1998-01-01 20716
1999-01-01 22257
2000-01-01 22770
2001-01-01 22333
2002-01-01 22628
2003-01-01 23887
2004-01-01 24891
2005-01-01 24987
2006-01-01 25371
2007-01-01 28398
2008-01-01 29003
2009-01-01 27006
2010-01-01 26139
2011-01-01 27595
2012-01-01 26662
2013-01-01 28108
2014-01-01 27362
2015-01-01 29587
2016-01-01 30049
2017-01-01 29465
2018-01-01 31946
2019-01-01 34710
2020-01-01 34138
2021-01-01 38450
2022-01-01 39967

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