Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Posey County, IN
Series ID MHICIUBIN18129A052NCEN
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 34638
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 39482
1994-01-01 .
1995-01-01 44418
1996-01-01 .
1997-01-01 48101
1998-01-01 49652
1999-01-01 48199
2000-01-01 50515
2001-01-01 50391
2002-01-01 51533
2003-01-01 52206
2004-01-01 54113
2005-01-01 56690
2006-01-01 60596
2007-01-01 59647
2008-01-01 58948
2009-01-01 60260
2010-01-01 61143
2011-01-01 60418
2012-01-01 65865
2013-01-01 63251
2014-01-01 65465
2015-01-01 62306
2016-01-01 66341
2017-01-01 70979
2018-01-01 74877
2019-01-01 75589
2020-01-01 70968
2021-01-01 81209
2022-01-01 83849
2023-01-01 82764

Subscribe to the FRED newsletter


Follow us

Back to Top