Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Bath County, KY
Series ID MHICIUBKY21011A052NCEN
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 18502
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21142
1994-01-01 .
1995-01-01 24252
1996-01-01 .
1997-01-01 27193
1998-01-01 29231
1999-01-01 28058
2000-01-01 29713
2001-01-01 28921
2002-01-01 29352
2003-01-01 30361
2004-01-01 30801
2005-01-01 30426
2006-01-01 33439
2007-01-01 34852
2008-01-01 34085
2009-01-01 33684
2010-01-01 34967
2011-01-01 32554
2012-01-01 34906
2013-01-01 36933
2014-01-01 37273
2015-01-01 38492
2016-01-01 40115
2017-01-01 42385
2018-01-01 47085
2019-01-01 46851
2020-01-01 47827
2021-01-01 48691
2022-01-01 53936

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