Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union County, TN
Series ID MHICILBTN47173A052NCEN
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 16589
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19984
1994-01-01 .
1995-01-01 23038
1996-01-01 .
1997-01-01 23537
1998-01-01 25357
1999-01-01 25697
2000-01-01 26394
2001-01-01 25970
2002-01-01 26399
2003-01-01 26753
2004-01-01 27487
2005-01-01 27452
2006-01-01 28988
2007-01-01 28974
2008-01-01 30514
2009-01-01 29528
2010-01-01 29558
2011-01-01 33325
2012-01-01 30657
2013-01-01 32672
2014-01-01 34195
2015-01-01 33399
2016-01-01 34138
2017-01-01 36695
2018-01-01 36578
2019-01-01 43877
2020-01-01 38959
2021-01-01 46598
2022-01-01 45077

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