Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Meigs County, TN
Series ID MHICILBTN47121A052NCEN
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 19810
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22609
1994-01-01 .
1995-01-01 23558
1996-01-01 .
1997-01-01 23811
1998-01-01 25534
1999-01-01 27286
2000-01-01 27901
2001-01-01 27432
2002-01-01 27600
2003-01-01 28863
2004-01-01 30659
2005-01-01 30126
2006-01-01 31406
2007-01-01 33642
2008-01-01 32177
2009-01-01 32097
2010-01-01 33100
2011-01-01 33528
2012-01-01 32923
2013-01-01 34396
2014-01-01 31924
2015-01-01 37344
2016-01-01 36854
2017-01-01 41795
2018-01-01 47458
2019-01-01 43131
2020-01-01 42163
2021-01-01 45864
2022-01-01 48032

Subscribe to the FRED newsletter


Follow us

Back to Top