Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wabash County, IN
Series ID MHICIUBIN18169A052NCEN
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 29067
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33955
1994-01-01 .
1995-01-01 37526
1996-01-01 .
1997-01-01 39936
1998-01-01 41280
1999-01-01 41925
2000-01-01 44442
2001-01-01 43295
2002-01-01 43166
2003-01-01 43307
2004-01-01 44758
2005-01-01 46137
2006-01-01 46758
2007-01-01 47644
2008-01-01 50426
2009-01-01 45081
2010-01-01 45378
2011-01-01 45180
2012-01-01 48210
2013-01-01 48574
2014-01-01 48808
2015-01-01 51677
2016-01-01 55384
2017-01-01 53983
2018-01-01 55762
2019-01-01 63702
2020-01-01 61897
2021-01-01 66018
2022-01-01 70218

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