Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cass County, IL
Series ID MHICIUBIL17017A052NCEN
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 26869
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30269
1994-01-01 .
1995-01-01 32807
1996-01-01 .
1997-01-01 35965
1998-01-01 37403
1999-01-01 37033
2000-01-01 39037
2001-01-01 38169
2002-01-01 37974
2003-01-01 38512
2004-01-01 40257
2005-01-01 42465
2006-01-01 42975
2007-01-01 43843
2008-01-01 44170
2009-01-01 45594
2010-01-01 46897
2011-01-01 43052
2012-01-01 48312
2013-01-01 48924
2014-01-01 50407
2015-01-01 51195
2016-01-01 51997
2017-01-01 55023
2018-01-01 57228
2019-01-01 56645
2020-01-01 62198
2021-01-01 65749
2022-01-01 68476

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