Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Gibson County, IN
Series ID MHICIUBIN18051A052NCEN
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 1:10 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 29457
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32857
1994-01-01 .
1995-01-01 36001
1996-01-01 .
1997-01-01 38833
1998-01-01 39796
1999-01-01 39576
2000-01-01 42541
2001-01-01 41715
2002-01-01 42887
2003-01-01 46009
2004-01-01 47721
2005-01-01 46839
2006-01-01 47655
2007-01-01 50569
2008-01-01 52239
2009-01-01 50390
2010-01-01 49348
2011-01-01 48928
2012-01-01 52644
2013-01-01 52415
2014-01-01 50481
2015-01-01 57482
2016-01-01 58444
2017-01-01 57735
2018-01-01 62442
2019-01-01 67783
2020-01-01 67135
2021-01-01 66867
2022-01-01 73109

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