Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Macon County, TN
Series ID MHICILBTN47111A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:12 AM 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 18494
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20983
1994-01-01 .
1995-01-01 23004
1996-01-01 .
1997-01-01 24223
1998-01-01 25869
1999-01-01 27827
2000-01-01 28843
2001-01-01 28168
2002-01-01 28454
2003-01-01 29376
2004-01-01 30008
2005-01-01 29059
2006-01-01 30824
2007-01-01 31970
2008-01-01 31073
2009-01-01 31295
2010-01-01 30322
2011-01-01 30862
2012-01-01 32241
2013-01-01 32073
2014-01-01 33569
2015-01-01 34296
2016-01-01 31643
2017-01-01 37033
2018-01-01 37769
2019-01-01 39260
2020-01-01 40209
2021-01-01 44313
2022-01-01 52265
2023-01-01 50999

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