Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Shelby County, OH
Series ID MHICILBOH39149A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 28289
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33084
1994-01-01 .
1995-01-01 35361
1996-01-01 .
1997-01-01 37449
1998-01-01 38603
1999-01-01 40007
2000-01-01 41856
2001-01-01 41268
2002-01-01 41307
2003-01-01 42770
2004-01-01 43797
2005-01-01 43557
2006-01-01 43881
2007-01-01 48443
2008-01-01 48488
2009-01-01 43718
2010-01-01 42922
2011-01-01 49585
2012-01-01 50184
2013-01-01 48223
2014-01-01 47361
2015-01-01 54811
2016-01-01 56725
2017-01-01 55916
2018-01-01 58326
2019-01-01 61293
2020-01-01 60293
2021-01-01 57721
2022-01-01 66096
2023-01-01 59927

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