Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Peoria County, IL
Series ID MHICIUBIL17143A052NCEN
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 2:31 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 31314
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34600
1994-01-01 .
1995-01-01 39376
1996-01-01 .
1997-01-01 42429
1998-01-01 43408
1999-01-01 42566
2000-01-01 44631
2001-01-01 44015
2002-01-01 43954
2003-01-01 43848
2004-01-01 45372
2005-01-01 46738
2006-01-01 47439
2007-01-01 49494
2008-01-01 52045
2009-01-01 49488
2010-01-01 52135
2011-01-01 51278
2012-01-01 49577
2013-01-01 51942
2014-01-01 54609
2015-01-01 57016
2016-01-01 54666
2017-01-01 56589
2018-01-01 59672
2019-01-01 60903
2020-01-01 56570
2021-01-01 58835
2022-01-01 69052
2023-01-01 66940

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