Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Spencer County, IN
Series ID MHICIUBIN18147A052NCEN
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 29847
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35381
1994-01-01 .
1995-01-01 39057
1996-01-01 .
1997-01-01 42026
1998-01-01 43921
1999-01-01 44388
2000-01-01 47218
2001-01-01 46250
2002-01-01 46735
2003-01-01 47431
2004-01-01 49899
2005-01-01 48744
2006-01-01 52464
2007-01-01 56828
2008-01-01 57016
2009-01-01 53031
2010-01-01 51432
2011-01-01 57824
2012-01-01 59115
2013-01-01 53692
2014-01-01 59514
2015-01-01 59987
2016-01-01 63319
2017-01-01 62042
2018-01-01 62041
2019-01-01 65046
2020-01-01 74999
2021-01-01 68469
2022-01-01 78034
2023-01-01 80801

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