Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wayne County, IN
Series ID MHICIUBIN18177A052NCEN
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 26531
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29236
1994-01-01 .
1995-01-01 32604
1996-01-01 .
1997-01-01 36279
1998-01-01 38381
1999-01-01 37339
2000-01-01 38770
2001-01-01 37748
2002-01-01 37680
2003-01-01 38142
2004-01-01 38437
2005-01-01 37811
2006-01-01 41765
2007-01-01 41935
2008-01-01 43882
2009-01-01 41284
2010-01-01 38576
2011-01-01 38579
2012-01-01 37650
2013-01-01 39402
2014-01-01 42790
2015-01-01 44117
2016-01-01 46179
2017-01-01 47931
2018-01-01 47976
2019-01-01 51199
2020-01-01 55254
2021-01-01 54343
2022-01-01 56397

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