Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wolfe County, KY
Series ID MHICILBKY21237A052NCEN
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 10338
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 10456
1994-01-01 .
1995-01-01 13478
1996-01-01 .
1997-01-01 13013
1998-01-01 14459
1999-01-01 17667
2000-01-01 18397
2001-01-01 17658
2002-01-01 17871
2003-01-01 18960
2004-01-01 20929
2005-01-01 20183
2006-01-01 21065
2007-01-01 22233
2008-01-01 20933
2009-01-01 22573
2010-01-01 24093
2011-01-01 23268
2012-01-01 22884
2013-01-01 23145
2014-01-01 23040
2015-01-01 24338
2016-01-01 25343
2017-01-01 26154
2018-01-01 26796
2019-01-01 28749
2020-01-01 28424
2021-01-01 30456
2022-01-01 32954

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