Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Gibson County, TN
Series ID MHICIUBTN47053A052NCEN
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 24046
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27225
1994-01-01 .
1995-01-01 30931
1996-01-01 .
1997-01-01 32674
1998-01-01 33705
1999-01-01 32684
2000-01-01 34573
2001-01-01 33300
2002-01-01 33447
2003-01-01 34483
2004-01-01 35177
2005-01-01 36858
2006-01-01 36403
2007-01-01 37289
2008-01-01 39164
2009-01-01 36022
2010-01-01 37993
2011-01-01 39506
2012-01-01 38120
2013-01-01 42987
2014-01-01 40024
2015-01-01 44278
2016-01-01 41657
2017-01-01 46607
2018-01-01 46503
2019-01-01 51624
2020-01-01 53721
2021-01-01 56741
2022-01-01 60420

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