Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union County, KY
Series ID MHICILBKY21225A052NCEN
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 22094
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25982
1994-01-01 .
1995-01-01 25974
1996-01-01 .
1997-01-01 27964
1998-01-01 28722
1999-01-01 31265
2000-01-01 32534
2001-01-01 32103
2002-01-01 32272
2003-01-01 33621
2004-01-01 34651
2005-01-01 33456
2006-01-01 37347
2007-01-01 37305
2008-01-01 38319
2009-01-01 37881
2010-01-01 37470
2011-01-01 38052
2012-01-01 39610
2013-01-01 41637
2014-01-01 39965
2015-01-01 40684
2016-01-01 42671
2017-01-01 42475
2018-01-01 42210
2019-01-01 44831
2020-01-01 47514
2021-01-01 44825
2022-01-01 51384

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