Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Tipton County, IN
Series ID MHICIUBIN18159A052NCEN
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 32656
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38513
1994-01-01 .
1995-01-01 43525
1996-01-01 .
1997-01-01 46334
1998-01-01 47228
1999-01-01 50123
2000-01-01 53407
2001-01-01 52171
2002-01-01 52353
2003-01-01 52989
2004-01-01 54906
2005-01-01 55903
2006-01-01 55818
2007-01-01 59074
2008-01-01 58933
2009-01-01 57318
2010-01-01 58762
2011-01-01 57634
2012-01-01 59032
2013-01-01 58218
2014-01-01 60033
2015-01-01 61612
2016-01-01 66625
2017-01-01 60941
2018-01-01 66059
2019-01-01 76634
2020-01-01 83904
2021-01-01 75615
2022-01-01 70703
2023-01-01 83340

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