Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Boyd County, KY
Series ID MHICIUBKY21019A052NCEN
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 3:12 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 28263
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30484
1994-01-01 .
1995-01-01 33898
1996-01-01 .
1997-01-01 35260
1998-01-01 36574
1999-01-01 34381
2000-01-01 36145
2001-01-01 35340
2002-01-01 35825
2003-01-01 36935
2004-01-01 37308
2005-01-01 39287
2006-01-01 41099
2007-01-01 42514
2008-01-01 40864
2009-01-01 40712
2010-01-01 40450
2011-01-01 42093
2012-01-01 43412
2013-01-01 44173
2014-01-01 42982
2015-01-01 47170
2016-01-01 48889
2017-01-01 44529
2018-01-01 51110
2019-01-01 53762
2020-01-01 59641
2021-01-01 53952
2022-01-01 61019
2023-01-01 63356

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