Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Morgan County, TN
Series ID MHICIUBTN47129A052NCEN
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 20959
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24057
1994-01-01 .
1995-01-01 28423
1996-01-01 .
1997-01-01 29108
1998-01-01 30231
1999-01-01 29264
2000-01-01 30907
2001-01-01 30306
2002-01-01 31266
2003-01-01 31584
2004-01-01 32394
2005-01-01 32629
2006-01-01 35055
2007-01-01 37869
2008-01-01 37781
2009-01-01 37011
2010-01-01 38450
2011-01-01 38447
2012-01-01 39278
2013-01-01 40948
2014-01-01 40056
2015-01-01 48335
2016-01-01 41633
2017-01-01 44453
2018-01-01 44506
2019-01-01 48571
2020-01-01 53461
2021-01-01 53761
2022-01-01 64345

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