Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Franklin County, IA
Series ID MHICIUBIA19069A052NCEN
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 27216
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30566
1994-01-01 .
1995-01-01 34380
1996-01-01 .
1997-01-01 37831
1998-01-01 39059
1999-01-01 38344
2000-01-01 40684
2001-01-01 39806
2002-01-01 39807
2003-01-01 40069
2004-01-01 43718
2005-01-01 44816
2006-01-01 45102
2007-01-01 48439
2008-01-01 51310
2009-01-01 49303
2010-01-01 49151
2011-01-01 51576
2012-01-01 55633
2013-01-01 51747
2014-01-01 55582
2015-01-01 57695
2016-01-01 58143
2017-01-01 57467
2018-01-01 64935
2019-01-01 61833
2020-01-01 68253
2021-01-01 66669
2022-01-01 71256

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