Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lucas County, OH
Series ID MHICILBOH39095A052NCEN
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 27924
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30161
1994-01-01 .
1995-01-01 31113
1996-01-01 .
1997-01-01 34358
1998-01-01 36120
1999-01-01 35902
2000-01-01 37478
2001-01-01 36881
2002-01-01 37069
2003-01-01 37909
2004-01-01 37992
2005-01-01 38769
2006-01-01 40847
2007-01-01 43005
2008-01-01 40087
2009-01-01 38688
2010-01-01 37763
2011-01-01 37469
2012-01-01 39391
2013-01-01 39031
2014-01-01 40976
2015-01-01 41359
2016-01-01 42971
2017-01-01 45905
2018-01-01 45854
2019-01-01 47737
2020-01-01 48150
2021-01-01 50338
2022-01-01 55689

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