Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Grundy County, TN
Series ID MHICIUBTN47061A052NCEN
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 18703
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21248
1994-01-01 .
1995-01-01 25127
1996-01-01 .
1997-01-01 25702
1998-01-01 26826
1999-01-01 25343
2000-01-01 26472
2001-01-01 25547
2002-01-01 26240
2003-01-01 27870
2004-01-01 28854
2005-01-01 27572
2006-01-01 29389
2007-01-01 29115
2008-01-01 27995
2009-01-01 30149
2010-01-01 29856
2011-01-01 30076
2012-01-01 30173
2013-01-01 28331
2014-01-01 30380
2015-01-01 36276
2016-01-01 35870
2017-01-01 38107
2018-01-01 39982
2019-01-01 42757
2020-01-01 44927
2021-01-01 45137
2022-01-01 49468

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