Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Morgan County, KY
Series ID MHICIUBKY21175A052NCEN
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 2:31 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 16412
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18741
1994-01-01 .
1995-01-01 21947
1996-01-01 .
1997-01-01 23761
1998-01-01 25606
1999-01-01 24440
2000-01-01 25155
2001-01-01 24518
2002-01-01 25166
2003-01-01 26157
2004-01-01 26976
2005-01-01 28494
2006-01-01 30311
2007-01-01 31241
2008-01-01 32382
2009-01-01 32484
2010-01-01 33250
2011-01-01 31698
2012-01-01 33463
2013-01-01 34409
2014-01-01 34082
2015-01-01 34666
2016-01-01 37018
2017-01-01 37846
2018-01-01 39815
2019-01-01 41741
2020-01-01 43721
2021-01-01 50071
2022-01-01 46442
2023-01-01 49215

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