Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Morgan County, TN
Series ID MHICILBTN47129A052NCEN
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 16458
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19509
1994-01-01 .
1995-01-01 22242
1996-01-01 .
1997-01-01 22838
1998-01-01 24023
1999-01-01 25619
2000-01-01 26569
2001-01-01 26309
2002-01-01 27136
2003-01-01 27804
2004-01-01 28504
2005-01-01 27286
2006-01-01 29742
2007-01-01 32184
2008-01-01 30914
2009-01-01 31684
2010-01-01 32194
2011-01-01 32085
2012-01-01 33062
2013-01-01 35106
2014-01-01 32724
2015-01-01 43799
2016-01-01 34505
2017-01-01 36881
2018-01-01 36288
2019-01-01 39333
2020-01-01 43181
2021-01-01 42483
2022-01-01 55589

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