Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Randolph County, IL
Series ID MHICIUBIL17157A052NCEN
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 30689
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32014
1994-01-01 .
1995-01-01 33977
1996-01-01 .
1997-01-01 36863
1998-01-01 38265
1999-01-01 38131
2000-01-01 40177
2001-01-01 39347
2002-01-01 39613
2003-01-01 39761
2004-01-01 41486
2005-01-01 43150
2006-01-01 43935
2007-01-01 45825
2008-01-01 48976
2009-01-01 46272
2010-01-01 50006
2011-01-01 48496
2012-01-01 50770
2013-01-01 48658
2014-01-01 52074
2015-01-01 53667
2016-01-01 54457
2017-01-01 56616
2018-01-01 58379
2019-01-01 63553
2020-01-01 61584
2021-01-01 64057
2022-01-01 66955

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