Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hamilton County, TN
Series ID MHICILBTN47065A052NCEN
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 23744
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28429
1994-01-01 .
1995-01-01 30024
1996-01-01 .
1997-01-01 31944
1998-01-01 33059
1999-01-01 34972
2000-01-01 36388
2001-01-01 36272
2002-01-01 36448
2003-01-01 37350
2004-01-01 37987
2005-01-01 38825
2006-01-01 40754
2007-01-01 43333
2008-01-01 45714
2009-01-01 40851
2010-01-01 41472
2011-01-01 40352
2012-01-01 45538
2013-01-01 44812
2014-01-01 46617
2015-01-01 46343
2016-01-01 46143
2017-01-01 49096
2018-01-01 54736
2019-01-01 55082
2020-01-01 57533
2021-01-01 62522
2022-01-01 71902

Subscribe to the FRED newsletter


Follow us

Back to Top