Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mason County, KY
Series ID MHICIUBKY21161A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 AM 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 23244
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26976
1994-01-01 .
1995-01-01 29888
1996-01-01 .
1997-01-01 32417
1998-01-01 33917
1999-01-01 32313
2000-01-01 34304
2001-01-01 33672
2002-01-01 34262
2003-01-01 35301
2004-01-01 36251
2005-01-01 35744
2006-01-01 40562
2007-01-01 41702
2008-01-01 42072
2009-01-01 41722
2010-01-01 40080
2011-01-01 43577
2012-01-01 39822
2013-01-01 45150
2014-01-01 44470
2015-01-01 40779
2016-01-01 48038
2017-01-01 50104
2018-01-01 45729
2019-01-01 53163
2020-01-01 56535
2021-01-01 55658
2022-01-01 54973
2023-01-01 62867

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