Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Clark County, KY
Series ID MHICIUBKY21049A052NCEN
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 27869
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31534
1994-01-01 .
1995-01-01 35376
1996-01-01 .
1997-01-01 38411
1998-01-01 40416
1999-01-01 41110
2000-01-01 43880
2001-01-01 42795
2002-01-01 43238
2003-01-01 44302
2004-01-01 44878
2005-01-01 44778
2006-01-01 49578
2007-01-01 50134
2008-01-01 48494
2009-01-01 48678
2010-01-01 48417
2011-01-01 48800
2012-01-01 48364
2013-01-01 49483
2014-01-01 52194
2015-01-01 58355
2016-01-01 52978
2017-01-01 57638
2018-01-01 54550
2019-01-01 60297
2020-01-01 65865
2021-01-01 66540
2022-01-01 68457

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