Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Shelby County, IN
Series ID MHICIUBIN18145A052NCEN
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 2:31 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 31259
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37219
1994-01-01 .
1995-01-01 41142
1996-01-01 .
1997-01-01 43936
1998-01-01 44811
1999-01-01 45504
2000-01-01 47855
2001-01-01 47066
2002-01-01 46955
2003-01-01 47110
2004-01-01 48885
2005-01-01 51049
2006-01-01 54068
2007-01-01 52305
2008-01-01 56015
2009-01-01 53989
2010-01-01 49672
2011-01-01 53503
2012-01-01 53604
2013-01-01 53734
2014-01-01 58297
2015-01-01 59189
2016-01-01 56717
2017-01-01 64190
2018-01-01 62082
2019-01-01 64847
2020-01-01 65303
2021-01-01 70043
2022-01-01 72387
2023-01-01 78267

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