Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McLean County, KY
Series ID MHICIUBKY21149A052NCEN
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 23340
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26802
1994-01-01 .
1995-01-01 29196
1996-01-01 .
1997-01-01 31920
1998-01-01 34063
1999-01-01 32872
2000-01-01 35129
2001-01-01 34660
2002-01-01 34206
2003-01-01 33996
2004-01-01 34092
2005-01-01 35665
2006-01-01 37637
2007-01-01 41451
2008-01-01 40809
2009-01-01 41603
2010-01-01 41716
2011-01-01 42726
2012-01-01 43485
2013-01-01 40728
2014-01-01 46423
2015-01-01 47935
2016-01-01 48246
2017-01-01 49317
2018-01-01 52267
2019-01-01 56418
2020-01-01 55379
2021-01-01 59111
2022-01-01 62155

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