Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mercer County, OH
Series ID MHICIUBOH39107A052NCEN
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 1:09 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 32146
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37806
1994-01-01 .
1995-01-01 38982
1996-01-01 .
1997-01-01 41976
1998-01-01 43004
1999-01-01 43954
2000-01-01 46970
2001-01-01 46229
2002-01-01 46146
2003-01-01 47777
2004-01-01 49219
2005-01-01 48958
2006-01-01 52651
2007-01-01 52399
2008-01-01 54558
2009-01-01 53965
2010-01-01 52346
2011-01-01 51832
2012-01-01 55953
2013-01-01 58884
2014-01-01 56342
2015-01-01 59417
2016-01-01 62999
2017-01-01 64094
2018-01-01 67652
2019-01-01 71175
2020-01-01 78052
2021-01-01 73280
2022-01-01 77386

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