Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Daviess County, IN
Series ID MHICIUBIN18027A052NCEN
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 24047
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29374
1994-01-01 .
1995-01-01 32180
1996-01-01 .
1997-01-01 34310
1998-01-01 35483
1999-01-01 35521
2000-01-01 37957
2001-01-01 37187
2002-01-01 37231
2003-01-01 38402
2004-01-01 39889
2005-01-01 40247
2006-01-01 42155
2007-01-01 44200
2008-01-01 46975
2009-01-01 44947
2010-01-01 45422
2011-01-01 46504
2012-01-01 47357
2013-01-01 49042
2014-01-01 51200
2015-01-01 51181
2016-01-01 52740
2017-01-01 49576
2018-01-01 59847
2019-01-01 61999
2020-01-01 58844
2021-01-01 66436
2022-01-01 68853
2023-01-01 82029

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