Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McLean County, IL
Series ID MHICIUBIL17113A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:12 AM 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 34306
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 40891
1994-01-01 .
1995-01-01 46215
1996-01-01 .
1997-01-01 49730
1998-01-01 51702
1999-01-01 50972
2000-01-01 53234
2001-01-01 52768
2002-01-01 53556
2003-01-01 53614
2004-01-01 54488
2005-01-01 53510
2006-01-01 53304
2007-01-01 57728
2008-01-01 61033
2009-01-01 58894
2010-01-01 63211
2011-01-01 62050
2012-01-01 64328
2013-01-01 64909
2014-01-01 64319
2015-01-01 69473
2016-01-01 68663
2017-01-01 72569
2018-01-01 70092
2019-01-01 71835
2020-01-01 76514
2021-01-01 75855
2022-01-01 75174
2023-01-01 85753

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