Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Illinois

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Illinois
Series ID MHICIUBIL17000A052NCEN
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 32874
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34679
1994-01-01 .
1995-01-01 39403
1996-01-01 41000
1997-01-01 42581
1998-01-01 44588
1999-01-01 46513
2000-01-01 47886
2001-01-01 48314
2002-01-01 46664
2003-01-01 48863
2004-01-01 49121
2005-01-01 50601
2006-01-01 52282
2007-01-01 54504
2008-01-01 56590
2009-01-01 54368
2010-01-01 53393
2011-01-01 53769
2012-01-01 55527
2013-01-01 56610
2014-01-01 57881
2015-01-01 60094
2016-01-01 61363
2017-01-01 63579
2018-01-01 65556
2019-01-01 69791
2020-01-01 71859
2021-01-01 72785
2022-01-01 77323

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