Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Scott County, IN
Series ID MHICIUBIN18143A052NCEN
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 24417
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28036
1994-01-01 .
1995-01-01 32492
1996-01-01 .
1997-01-01 34389
1998-01-01 36034
1999-01-01 36385
2000-01-01 38475
2001-01-01 37145
2002-01-01 37302
2003-01-01 38230
2004-01-01 39610
2005-01-01 39001
2006-01-01 41634
2007-01-01 42590
2008-01-01 45146
2009-01-01 42095
2010-01-01 42441
2011-01-01 42630
2012-01-01 43701
2013-01-01 46787
2014-01-01 45467
2015-01-01 47192
2016-01-01 51867
2017-01-01 52765
2018-01-01 49663
2019-01-01 56183
2020-01-01 62540
2021-01-01 60770
2022-01-01 64376

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