Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Morgan County, AL
Series ID MHICIUBAL01103A052NCEN
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 30575
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35426
1994-01-01 .
1995-01-01 38665
1996-01-01 .
1997-01-01 39880
1998-01-01 41255
1999-01-01 39915
2000-01-01 42388
2001-01-01 41535
2002-01-01 41601
2003-01-01 42420
2004-01-01 43516
2005-01-01 43244
2006-01-01 43326
2007-01-01 45820
2008-01-01 49666
2009-01-01 42563
2010-01-01 47699
2011-01-01 45684
2012-01-01 48246
2013-01-01 47206
2014-01-01 47799
2015-01-01 49558
2016-01-01 50974
2017-01-01 53110
2018-01-01 55902
2019-01-01 57269
2020-01-01 61136
2021-01-01 60696
2022-01-01 66156

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