Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wolfe County, KY
Series ID MHICIUBKY21237A052NCEN
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 15076
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 15380
1994-01-01 .
1995-01-01 19994
1996-01-01 .
1997-01-01 19614
1998-01-01 20817
1999-01-01 20650
2000-01-01 21693
2001-01-01 20620
2002-01-01 20869
2003-01-01 21791
2004-01-01 23867
2005-01-01 24196
2006-01-01 25251
2007-01-01 27265
2008-01-01 25688
2009-01-01 27832
2010-01-01 27843
2011-01-01 28632
2012-01-01 27758
2013-01-01 28169
2014-01-01 28496
2015-01-01 30054
2016-01-01 31543
2017-01-01 32498
2018-01-01 33492
2019-01-01 36797
2020-01-01 39090
2021-01-01 39042
2022-01-01 42482

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