Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wayne County, OH
Series ID MHICILBOH39169A052NCEN
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 3:13 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 27646
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31737
1994-01-01 .
1995-01-01 32980
1996-01-01 .
1997-01-01 34877
1998-01-01 36756
1999-01-01 37772
2000-01-01 39222
2001-01-01 38585
2002-01-01 38749
2003-01-01 39546
2004-01-01 40543
2005-01-01 41882
2006-01-01 42793
2007-01-01 44750
2008-01-01 46712
2009-01-01 44489
2010-01-01 43940
2011-01-01 44322
2012-01-01 45045
2013-01-01 47283
2014-01-01 47191
2015-01-01 50145
2016-01-01 51678
2017-01-01 52676
2018-01-01 56570
2019-01-01 54700
2020-01-01 63133
2021-01-01 57412
2022-01-01 65848
2023-01-01 65741

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