Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Morgan County, IN
Series ID MHICIUBIN18109A052NCEN
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 33691
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 39284
1994-01-01 .
1995-01-01 45139
1996-01-01 .
1997-01-01 47156
1998-01-01 48997
1999-01-01 49976
2000-01-01 53190
2001-01-01 52246
2002-01-01 52479
2003-01-01 52863
2004-01-01 54697
2005-01-01 54631
2006-01-01 57393
2007-01-01 56729
2008-01-01 60587
2009-01-01 59449
2010-01-01 57759
2011-01-01 57777
2012-01-01 56487
2013-01-01 60466
2014-01-01 58935
2015-01-01 61778
2016-01-01 63928
2017-01-01 63314
2018-01-01 71066
2019-01-01 66429
2020-01-01 72532
2021-01-01 74795
2022-01-01 82239
2023-01-01 80391

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