Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Gibson County, TN
Series ID MHICILBTN47053A052NCEN
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 19527
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22717
1994-01-01 .
1995-01-01 24787
1996-01-01 .
1997-01-01 26482
1998-01-01 27592
1999-01-01 28700
2000-01-01 29769
2001-01-01 29018
2002-01-01 29116
2003-01-01 30409
2004-01-01 31045
2005-01-01 31783
2006-01-01 30999
2007-01-01 31912
2008-01-01 34399
2009-01-01 30940
2010-01-01 33429
2011-01-01 33224
2012-01-01 33494
2013-01-01 37179
2014-01-01 34972
2015-01-01 37300
2016-01-01 35553
2017-01-01 39111
2018-01-01 38937
2019-01-01 41144
2020-01-01 41979
2021-01-01 45819
2022-01-01 50796

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