Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Huron County, OH
Series ID MHICILBOH39077A052NCEN
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 25778
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29079
1994-01-01 .
1995-01-01 30793
1996-01-01 .
1997-01-01 33415
1998-01-01 35183
1999-01-01 36908
2000-01-01 38504
2001-01-01 37819
2002-01-01 37917
2003-01-01 38662
2004-01-01 39589
2005-01-01 40585
2006-01-01 42016
2007-01-01 44315
2008-01-01 43212
2009-01-01 45056
2010-01-01 42049
2011-01-01 44635
2012-01-01 43593
2013-01-01 41747
2014-01-01 45583
2015-01-01 44935
2016-01-01 48210
2017-01-01 44782
2018-01-01 51548
2019-01-01 51917
2020-01-01 56373
2021-01-01 58423
2022-01-01 57198

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