Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Franklin County, IN
Series ID MHICIUBIN18047A052NCEN
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 29233
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34364
1994-01-01 .
1995-01-01 39763
1996-01-01 .
1997-01-01 42692
1998-01-01 43966
1999-01-01 46584
2000-01-01 49124
2001-01-01 49331
2002-01-01 49884
2003-01-01 50195
2004-01-01 50680
2005-01-01 51862
2006-01-01 53386
2007-01-01 55004
2008-01-01 55807
2009-01-01 53759
2010-01-01 53253
2011-01-01 54640
2012-01-01 49382
2013-01-01 58242
2014-01-01 58854
2015-01-01 57687
2016-01-01 63319
2017-01-01 68113
2018-01-01 67356
2019-01-01 73292
2020-01-01 79782
2021-01-01 67999
2022-01-01 83437

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