Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Boone County, KY
Series ID MHICIUBKY21015A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 35936
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42933
1994-01-01 .
1995-01-01 49814
1996-01-01 .
1997-01-01 52007
1998-01-01 54302
1999-01-01 56701
2000-01-01 59663
2001-01-01 58351
2002-01-01 59508
2003-01-01 61436
2004-01-01 62521
2005-01-01 59203
2006-01-01 60567
2007-01-01 70425
2008-01-01 69642
2009-01-01 70352
2010-01-01 67577
2011-01-01 68050
2012-01-01 69758
2013-01-01 68590
2014-01-01 71525
2015-01-01 73403
2016-01-01 77338
2017-01-01 81693
2018-01-01 83032
2019-01-01 85321
2020-01-01 88017
2021-01-01 92120
2022-01-01 94734
2023-01-01 95475

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