Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cannon County, TN
Series ID MHICILBTN47015A052NCEN
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 19341
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24244
1994-01-01 .
1995-01-01 26146
1996-01-01 .
1997-01-01 26974
1998-01-01 28000
1999-01-01 30076
2000-01-01 31494
2001-01-01 30875
2002-01-01 31895
2003-01-01 33425
2004-01-01 34907
2005-01-01 33104
2006-01-01 35496
2007-01-01 35314
2008-01-01 36759
2009-01-01 34354
2010-01-01 33511
2011-01-01 33571
2012-01-01 35824
2013-01-01 36999
2014-01-01 36832
2015-01-01 39462
2016-01-01 40931
2017-01-01 47464
2018-01-01 47540
2019-01-01 47875
2020-01-01 44108
2021-01-01 46725
2022-01-01 57143

Subscribe to the FRED newsletter


Follow us

Back to Top