Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Floyd County, KY
Series ID MHICIUBKY21071A052NCEN
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 19979
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21719
1994-01-01 .
1995-01-01 24636
1996-01-01 .
1997-01-01 25677
1998-01-01 27274
1999-01-01 24397
2000-01-01 24733
2001-01-01 23903
2002-01-01 24841
2003-01-01 25998
2004-01-01 27141
2005-01-01 27819
2006-01-01 29077
2007-01-01 28556
2008-01-01 29865
2009-01-01 32445
2010-01-01 30673
2011-01-01 30769
2012-01-01 33914
2013-01-01 33901
2014-01-01 32798
2015-01-01 33865
2016-01-01 34448
2017-01-01 35818
2018-01-01 36637
2019-01-01 39459
2020-01-01 40109
2021-01-01 40529
2022-01-01 41462

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