Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nelson County, KY
Series ID MHICIUBKY21179A052NCEN
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 26581
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32315
1994-01-01 .
1995-01-01 36834
1996-01-01 .
1997-01-01 38310
1998-01-01 39574
1999-01-01 40888
2000-01-01 43810
2001-01-01 42808
2002-01-01 43730
2003-01-01 45529
2004-01-01 45830
2005-01-01 48807
2006-01-01 48691
2007-01-01 49788
2008-01-01 51498
2009-01-01 46534
2010-01-01 46677
2011-01-01 44423
2012-01-01 49989
2013-01-01 52257
2014-01-01 57675
2015-01-01 55655
2016-01-01 60333
2017-01-01 63879
2018-01-01 60738
2019-01-01 68699
2020-01-01 73405
2021-01-01 68285
2022-01-01 70441

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