Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rutherford County, TN
Series ID MHICILBTN47149A052NCEN
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 2:32 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 28015
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33908
1994-01-01 .
1995-01-01 38808
1996-01-01 .
1997-01-01 40455
1998-01-01 41791
1999-01-01 42776
2000-01-01 44412
2001-01-01 43957
2002-01-01 44351
2003-01-01 45723
2004-01-01 46957
2005-01-01 46088
2006-01-01 46490
2007-01-01 49097
2008-01-01 52504
2009-01-01 50985
2010-01-01 49787
2011-01-01 49992
2012-01-01 51042
2013-01-01 53720
2014-01-01 50659
2015-01-01 57677
2016-01-01 59534
2017-01-01 65400
2018-01-01 61562
2019-01-01 66429
2020-01-01 69057
2021-01-01 74681
2022-01-01 74083
2023-01-01 78462

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