Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Randolph County, IN
Series ID MHICIUBIN18135A052NCEN
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 26826
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29744
1994-01-01 .
1995-01-01 33744
1996-01-01 .
1997-01-01 36123
1998-01-01 37261
1999-01-01 36578
2000-01-01 38891
2001-01-01 38356
2002-01-01 38656
2003-01-01 39219
2004-01-01 40255
2005-01-01 41796
2006-01-01 40967
2007-01-01 43244
2008-01-01 45618
2009-01-01 39977
2010-01-01 42940
2011-01-01 43115
2012-01-01 43425
2013-01-01 43978
2014-01-01 45193
2015-01-01 44170
2016-01-01 50345
2017-01-01 49169
2018-01-01 50105
2019-01-01 54221
2020-01-01 71570
2021-01-01 56531
2022-01-01 61262
2023-01-01 65069

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