Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Decatur County, TN
Series ID MHICILBTN47039A052NCEN
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 16027
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19665
1994-01-01 .
1995-01-01 22237
1996-01-01 .
1997-01-01 23177
1998-01-01 24467
1999-01-01 26416
2000-01-01 27165
2001-01-01 26615
2002-01-01 27086
2003-01-01 28346
2004-01-01 29457
2005-01-01 28688
2006-01-01 29734
2007-01-01 28982
2008-01-01 30053
2009-01-01 29531
2010-01-01 32238
2011-01-01 30991
2012-01-01 33937
2013-01-01 32887
2014-01-01 33542
2015-01-01 35347
2016-01-01 34157
2017-01-01 34843
2018-01-01 38788
2019-01-01 39993
2020-01-01 40088
2021-01-01 43095
2022-01-01 46580

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