Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Logan County, KY
Series ID MHICIUBKY21141A052NCEN
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 1:52 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 22925
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27794
1994-01-01 .
1995-01-01 31511
1996-01-01 .
1997-01-01 33635
1998-01-01 34810
1999-01-01 34332
2000-01-01 36089
2001-01-01 35088
2002-01-01 35046
2003-01-01 35851
2004-01-01 37235
2005-01-01 40118
2006-01-01 40448
2007-01-01 41996
2008-01-01 42969
2009-01-01 40772
2010-01-01 40629
2011-01-01 42312
2012-01-01 42376
2013-01-01 43126
2014-01-01 44248
2015-01-01 47706
2016-01-01 48230
2017-01-01 51545
2018-01-01 51712
2019-01-01 54161
2020-01-01 57462
2021-01-01 59108
2022-01-01 62640

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