Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Madison County, KY
Series ID MHICIUBKY21151A052NCEN
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 24664
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28922
1994-01-01 .
1995-01-01 32399
1996-01-01 .
1997-01-01 35094
1998-01-01 36865
1999-01-01 35495
2000-01-01 37050
2001-01-01 35921
2002-01-01 36377
2003-01-01 37939
2004-01-01 39138
2005-01-01 39377
2006-01-01 41509
2007-01-01 42493
2008-01-01 47220
2009-01-01 43191
2010-01-01 44038
2011-01-01 42696
2012-01-01 44097
2013-01-01 47670
2014-01-01 48358
2015-01-01 50182
2016-01-01 48623
2017-01-01 53457
2018-01-01 54940
2019-01-01 53206
2020-01-01 61236
2021-01-01 59159
2022-01-01 65445

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