Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Shelby County, IL
Series ID MHICIUBIL17173A052NCEN
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 27311
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32707
1994-01-01 .
1995-01-01 34906
1996-01-01 .
1997-01-01 37902
1998-01-01 38590
1999-01-01 39017
2000-01-01 41290
2001-01-01 40417
2002-01-01 40008
2003-01-01 40081
2004-01-01 42895
2005-01-01 46922
2006-01-01 45202
2007-01-01 44733
2008-01-01 49682
2009-01-01 49038
2010-01-01 49360
2011-01-01 49529
2012-01-01 50778
2013-01-01 52962
2014-01-01 53238
2015-01-01 53514
2016-01-01 55968
2017-01-01 56192
2018-01-01 60146
2019-01-01 67658
2020-01-01 69220
2021-01-01 60334
2022-01-01 72897
2023-01-01 74836

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