Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Boone County, IN
Series ID MHICIUBIN18011A052NCEN
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 36869
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 43659
1994-01-01 .
1995-01-01 50932
1996-01-01 .
1997-01-01 54992
1998-01-01 56912
1999-01-01 55528
2000-01-01 58930
2001-01-01 59353
2002-01-01 60939
2003-01-01 61396
2004-01-01 63194
2005-01-01 64049
2006-01-01 67704
2007-01-01 69890
2008-01-01 76983
2009-01-01 70684
2010-01-01 71554
2011-01-01 67961
2012-01-01 75200
2013-01-01 72775
2014-01-01 73296
2015-01-01 80367
2016-01-01 86048
2017-01-01 87799
2018-01-01 93600
2019-01-01 93282
2020-01-01 97831
2021-01-01 106124
2022-01-01 109791

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