Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, KY
Series ID MHICILBKY21173A052NCEN
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 2:33 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 19097
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21034
1994-01-01 .
1995-01-01 23414
1996-01-01 .
1997-01-01 25593
1998-01-01 26982
1999-01-01 29130
2000-01-01 30313
2001-01-01 30162
2002-01-01 31019
2003-01-01 32376
2004-01-01 33212
2005-01-01 31081
2006-01-01 34386
2007-01-01 35096
2008-01-01 34759
2009-01-01 30442
2010-01-01 34544
2011-01-01 36505
2012-01-01 35179
2013-01-01 38290
2014-01-01 36899
2015-01-01 38233
2016-01-01 40170
2017-01-01 40153
2018-01-01 41813
2019-01-01 48290
2020-01-01 45574
2021-01-01 46216
2022-01-01 49981
2023-01-01 51545

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