Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lee County, IL
Series ID MHICIUBIL17103A052NCEN
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 30103
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35161
1994-01-01 .
1995-01-01 38293
1996-01-01 .
1997-01-01 42022
1998-01-01 42961
1999-01-01 42794
2000-01-01 45070
2001-01-01 44046
2002-01-01 44452
2003-01-01 44627
2004-01-01 47067
2005-01-01 50340
2006-01-01 47791
2007-01-01 51435
2008-01-01 54483
2009-01-01 50549
2010-01-01 52049
2011-01-01 52335
2012-01-01 53966
2013-01-01 56257
2014-01-01 57523
2015-01-01 56360
2016-01-01 61054
2017-01-01 63215
2018-01-01 59707
2019-01-01 62987
2020-01-01 70733
2021-01-01 64019
2022-01-01 74089

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