Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Garrard County, KY
Series ID MHICIUBKY21079A052NCEN
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 22496
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26606
1994-01-01 .
1995-01-01 30010
1996-01-01 .
1997-01-01 33482
1998-01-01 34984
1999-01-01 36029
2000-01-01 38196
2001-01-01 37897
2002-01-01 38207
2003-01-01 40389
2004-01-01 39193
2005-01-01 41872
2006-01-01 41911
2007-01-01 44607
2008-01-01 43980
2009-01-01 42941
2010-01-01 44625
2011-01-01 43991
2012-01-01 46471
2013-01-01 46853
2014-01-01 47296
2015-01-01 48503
2016-01-01 51063
2017-01-01 54389
2018-01-01 56625
2019-01-01 57943
2020-01-01 62116
2021-01-01 61062
2022-01-01 63923

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