Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Macon County, AL
Series ID MHICIUBAL01087A052NCEN
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 1:10 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 17649
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20783
1994-01-01 .
1995-01-01 22880
1996-01-01 .
1997-01-01 24600
1998-01-01 25488
1999-01-01 23108
2000-01-01 24084
2001-01-01 23366
2002-01-01 23259
2003-01-01 24163
2004-01-01 24996
2005-01-01 25503
2006-01-01 26338
2007-01-01 29637
2008-01-01 29811
2009-01-01 29002
2010-01-01 29101
2011-01-01 29967
2012-01-01 29902
2013-01-01 31741
2014-01-01 31297
2015-01-01 32367
2016-01-01 33487
2017-01-01 33925
2018-01-01 35620
2019-01-01 37904
2020-01-01 42892
2021-01-01 39253
2022-01-01 41175

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