Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Porter County, IN
Series ID MHICIUBIN18127A052NCEN
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 39010
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 45632
1994-01-01 .
1995-01-01 51953
1996-01-01 .
1997-01-01 53515
1998-01-01 55862
1999-01-01 56246
2000-01-01 58774
2001-01-01 57907
2002-01-01 57441
2003-01-01 58265
2004-01-01 60539
2005-01-01 59810
2006-01-01 61289
2007-01-01 62062
2008-01-01 65261
2009-01-01 65350
2010-01-01 59197
2011-01-01 65950
2012-01-01 67544
2013-01-01 67664
2014-01-01 66946
2015-01-01 70850
2016-01-01 70986
2017-01-01 71597
2018-01-01 74184
2019-01-01 78886
2020-01-01 85700
2021-01-01 85274
2022-01-01 89556

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