Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Owen County, KY
Series ID MHICIUBKY21187A052NCEN
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 22713
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27502
1994-01-01 .
1995-01-01 30898
1996-01-01 .
1997-01-01 33087
1998-01-01 34539
1999-01-01 34535
2000-01-01 36459
2001-01-01 35113
2002-01-01 35111
2003-01-01 36023
2004-01-01 37526
2005-01-01 40187
2006-01-01 44124
2007-01-01 45329
2008-01-01 45828
2009-01-01 42202
2010-01-01 44200
2011-01-01 44990
2012-01-01 44337
2013-01-01 46240
2014-01-01 47842
2015-01-01 48230
2016-01-01 51308
2017-01-01 53554
2018-01-01 54313
2019-01-01 57688
2020-01-01 48818
2021-01-01 61763
2022-01-01 67559
2023-01-01 71933

Subscribe to the FRED newsletter


Follow us

Back to Top