Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rockcastle County, KY
Series ID MHICILBKY21203A052NCEN
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 13013
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 15982
1994-01-01 .
1995-01-01 18034
1996-01-01 .
1997-01-01 19638
1998-01-01 21742
1999-01-01 22710
2000-01-01 23173
2001-01-01 22751
2002-01-01 23047
2003-01-01 24325
2004-01-01 25760
2005-01-01 24855
2006-01-01 25349
2007-01-01 26344
2008-01-01 22423
2009-01-01 26743
2010-01-01 28119
2011-01-01 27312
2012-01-01 27445
2013-01-01 30332
2014-01-01 30650
2015-01-01 30420
2016-01-01 31844
2017-01-01 32889
2018-01-01 33840
2019-01-01 35990
2020-01-01 37133
2021-01-01 38571
2022-01-01 39873
2023-01-01 43659

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