Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McMinn County, TN
Series ID MHICIUBTN47107A052NCEN
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 1:51 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 26298
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28361
1994-01-01 .
1995-01-01 31439
1996-01-01 .
1997-01-01 33441
1998-01-01 35071
1999-01-01 34060
2000-01-01 35615
2001-01-01 34477
2002-01-01 34987
2003-01-01 36101
2004-01-01 37559
2005-01-01 37076
2006-01-01 39059
2007-01-01 39963
2008-01-01 43749
2009-01-01 40020
2010-01-01 40960
2011-01-01 40921
2012-01-01 40903
2013-01-01 43522
2014-01-01 43148
2015-01-01 42597
2016-01-01 44951
2017-01-01 42961
2018-01-01 49776
2019-01-01 53573
2020-01-01 56298
2021-01-01 54649
2022-01-01 63768

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