Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Knox County, MO
Series ID MHICILBMO29103A052NCEN
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 13949
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17049
1994-01-01 .
1995-01-01 17018
1996-01-01 .
1997-01-01 19937
1998-01-01 19702
1999-01-01 23780
2000-01-01 25954
2001-01-01 25768
2002-01-01 25335
2003-01-01 27356
2004-01-01 27831
2005-01-01 27673
2006-01-01 27915
2007-01-01 32506
2008-01-01 28356
2009-01-01 27736
2010-01-01 30015
2011-01-01 30182
2012-01-01 30312
2013-01-01 31693
2014-01-01 33930
2015-01-01 36743
2016-01-01 32759
2017-01-01 33210
2018-01-01 35048
2019-01-01 37006
2020-01-01 37813
2021-01-01 40254
2022-01-01 43846

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