Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Barren County, KY
Series ID MHICIUBKY21009A052NCEN
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 1:53 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 23149
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26765
1994-01-01 .
1995-01-01 30731
1996-01-01 .
1997-01-01 32721
1998-01-01 34623
1999-01-01 33445
2000-01-01 34973
2001-01-01 33960
2002-01-01 34092
2003-01-01 35075
2004-01-01 35715
2005-01-01 37212
2006-01-01 38608
2007-01-01 41854
2008-01-01 39129
2009-01-01 38650
2010-01-01 41052
2011-01-01 39611
2012-01-01 40182
2013-01-01 41863
2014-01-01 40191
2015-01-01 43423
2016-01-01 43085
2017-01-01 44694
2018-01-01 45756
2019-01-01 49420
2020-01-01 50624
2021-01-01 54207
2022-01-01 54844

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