Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Russell County, KY
Series ID MHICILBKY21207A052NCEN
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 13837
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17475
1994-01-01 .
1995-01-01 18628
1996-01-01 .
1997-01-01 19871
1998-01-01 19203
1999-01-01 21239
2000-01-01 21662
2001-01-01 21474
2002-01-01 21753
2003-01-01 23080
2004-01-01 23903
2005-01-01 23217
2006-01-01 24861
2007-01-01 25582
2008-01-01 25469
2009-01-01 27232
2010-01-01 26672
2011-01-01 27983
2012-01-01 25490
2013-01-01 28099
2014-01-01 31411
2015-01-01 28916
2016-01-01 30582
2017-01-01 30026
2018-01-01 31696
2019-01-01 40332
2020-01-01 35090
2021-01-01 35732
2022-01-01 39065

Subscribe to the FRED newsletter


Follow us

Back to Top