Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Henry County, AL

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Henry County, AL
Series ID MHICIUBAL01067A052NCEN
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 22919
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26849
1994-01-01 .
1995-01-01 29658
1996-01-01 .
1997-01-01 31347
1998-01-01 32111
1999-01-01 31678
2000-01-01 33458
2001-01-01 32304
2002-01-01 32724
2003-01-01 33546
2004-01-01 34547
2005-01-01 35975
2006-01-01 38609
2007-01-01 38364
2008-01-01 40127
2009-01-01 38156
2010-01-01 41106
2011-01-01 43070
2012-01-01 40564
2013-01-01 44610
2014-01-01 43931
2015-01-01 46546
2016-01-01 45699
2017-01-01 51311
2018-01-01 50660
2019-01-01 53744
2020-01-01 58412
2021-01-01 61223
2022-01-01 62898

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