Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Marion County, TN
Series ID MHICILBTN47115A052NCEN
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 2:05 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 19155
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22224
1994-01-01 .
1995-01-01 23981
1996-01-01 .
1997-01-01 25461
1998-01-01 27433
1999-01-01 29306
2000-01-01 30216
2001-01-01 29674
2002-01-01 29946
2003-01-01 31154
2004-01-01 32180
2005-01-01 31699
2006-01-01 33446
2007-01-01 35731
2008-01-01 35634
2009-01-01 33946
2010-01-01 34152
2011-01-01 36792
2012-01-01 35810
2013-01-01 38621
2014-01-01 37343
2015-01-01 37692
2016-01-01 38405
2017-01-01 43786
2018-01-01 49191
2019-01-01 42380
2020-01-01 43947
2021-01-01 46847
2022-01-01 52893
2023-01-01 50943

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