Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hendricks County, IN
Series ID MHICIUBIN18063A052NCEN
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 1:52 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 41488
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 48840
1994-01-01 .
1995-01-01 55819
1996-01-01 .
1997-01-01 58619
1998-01-01 61366
1999-01-01 61060
2000-01-01 62753
2001-01-01 62037
2002-01-01 64216
2003-01-01 65604
2004-01-01 67148
2005-01-01 62967
2006-01-01 65204
2007-01-01 68020
2008-01-01 71197
2009-01-01 71107
2010-01-01 69468
2011-01-01 68112
2012-01-01 72878
2013-01-01 72075
2014-01-01 76018
2015-01-01 76267
2016-01-01 82843
2017-01-01 81667
2018-01-01 83261
2019-01-01 90310
2020-01-01 93634
2021-01-01 96870
2022-01-01 101281

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