Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for McMinn County, TN
Series ID MHICILBTN47107A052NCEN
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 21961
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23921
1994-01-01 .
1995-01-01 25299
1996-01-01 .
1997-01-01 27247
1998-01-01 28959
1999-01-01 29908
2000-01-01 30668
2001-01-01 30072
2002-01-01 30484
2003-01-01 31814
2004-01-01 33103
2005-01-01 31610
2006-01-01 33453
2007-01-01 33905
2008-01-01 37310
2009-01-01 33918
2010-01-01 35406
2011-01-01 33717
2012-01-01 34101
2013-01-01 37564
2014-01-01 35908
2015-01-01 35817
2016-01-01 36843
2017-01-01 36759
2018-01-01 42282
2019-01-01 46099
2020-01-01 44296
2021-01-01 46311
2022-01-01 58132

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