Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Kentucky

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Kentucky
Series ID MHICIUBKY21000A052NCEN
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 1:10 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 24590
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26471
1994-01-01 .
1995-01-01 30443
1996-01-01 32576
1997-01-01 33478
1998-01-01 35880
1999-01-01 35114
2000-01-01 36957
2001-01-01 37581
2002-01-01 37619
2003-01-01 38142
2004-01-01 38537
2005-01-01 37838
2006-01-01 39829
2007-01-01 40802
2008-01-01 41930
2009-01-01 40577
2010-01-01 40573
2011-01-01 41595
2012-01-01 42130
2013-01-01 43938
2014-01-01 43585
2015-01-01 45642
2016-01-01 47198
2017-01-01 48948
2018-01-01 50747
2019-01-01 52873
2020-01-01 54909
2021-01-01 56226
2022-01-01 60152

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