Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Parke County, IN
Series ID MHICIUBIN18121A052NCEN
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 25764
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30606
1994-01-01 .
1995-01-01 34559
1996-01-01 .
1997-01-01 36084
1998-01-01 37182
1999-01-01 37115
2000-01-01 39169
2001-01-01 37958
2002-01-01 37761
2003-01-01 38736
2004-01-01 39917
2005-01-01 41700
2006-01-01 43457
2007-01-01 40856
2008-01-01 45643
2009-01-01 44802
2010-01-01 45932
2011-01-01 44770
2012-01-01 44563
2013-01-01 45676
2014-01-01 46319
2015-01-01 47724
2016-01-01 51591
2017-01-01 52577
2018-01-01 54583
2019-01-01 56697
2020-01-01 60701
2021-01-01 62013
2022-01-01 69305

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