Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Sumner County, TN
Series ID MHICILBTN47165A052NCEN
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 1:11 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 29146
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34010
1994-01-01 .
1995-01-01 38921
1996-01-01 .
1997-01-01 39597
1998-01-01 40674
1999-01-01 41905
2000-01-01 43427
2001-01-01 42646
2002-01-01 42944
2003-01-01 44471
2004-01-01 45648
2005-01-01 48888
2006-01-01 49976
2007-01-01 49331
2008-01-01 52446
2009-01-01 50286
2010-01-01 46133
2011-01-01 49417
2012-01-01 52652
2013-01-01 53288
2014-01-01 54684
2015-01-01 56496
2016-01-01 57855
2017-01-01 62517
2018-01-01 64018
2019-01-01 65660
2020-01-01 67943
2021-01-01 67265
2022-01-01 81773

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