Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Knox County, MO
Series ID MHICIUBMO29103A052NCEN
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 18560
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21705
1994-01-01 .
1995-01-01 23425
1996-01-01 .
1997-01-01 26129
1998-01-01 25963
1999-01-01 27434
2000-01-01 30291
2001-01-01 30116
2002-01-01 29387
2003-01-01 31343
2004-01-01 31868
2005-01-01 33258
2006-01-01 32648
2007-01-01 37829
2008-01-01 34030
2009-01-01 34190
2010-01-01 36137
2011-01-01 36580
2012-01-01 36016
2013-01-01 38095
2014-01-01 41232
2015-01-01 43969
2016-01-01 40781
2017-01-01 40522
2018-01-01 43570
2019-01-01 46504
2020-01-01 45863
2021-01-01 50674
2022-01-01 55258

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