Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lorain County, OH
Series ID MHICILBOH39093A052NCEN
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 1:53 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 27819
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33036
1994-01-01 .
1995-01-01 35777
1996-01-01 .
1997-01-01 37673
1998-01-01 38705
1999-01-01 40214
2000-01-01 42026
2001-01-01 41334
2002-01-01 41019
2003-01-01 42423
2004-01-01 43574
2005-01-01 46018
2006-01-01 47255
2007-01-01 49046
2008-01-01 50950
2009-01-01 46500
2010-01-01 47755
2011-01-01 46604
2012-01-01 47367
2013-01-01 50669
2014-01-01 50347
2015-01-01 50840
2016-01-01 52730
2017-01-01 53274
2018-01-01 56119
2019-01-01 56849
2020-01-01 57350
2021-01-01 59982
2022-01-01 63882

Subscribe to the FRED newsletter


Follow us

Back to Top