Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McCracken County, KY
Series ID MHICIUBKY21145A052NCEN
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 12:51 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 25384
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29715
1994-01-01 .
1995-01-01 34372
1996-01-01 .
1997-01-01 36477
1998-01-01 38744
1999-01-01 37135
2000-01-01 38652
2001-01-01 37676
2002-01-01 37480
2003-01-01 37910
2004-01-01 38802
2005-01-01 40918
2006-01-01 40656
2007-01-01 42849
2008-01-01 44639
2009-01-01 43398
2010-01-01 44743
2011-01-01 46826
2012-01-01 46078
2013-01-01 45014
2014-01-01 44999
2015-01-01 51107
2016-01-01 46706
2017-01-01 52585
2018-01-01 52921
2019-01-01 52671
2020-01-01 55972
2021-01-01 64363
2022-01-01 64207

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