Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Obion County, TN
Series ID MHICIUBTN47131A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 26333
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29182
1994-01-01 .
1995-01-01 33031
1996-01-01 .
1997-01-01 34979
1998-01-01 36757
1999-01-01 35150
2000-01-01 37011
2001-01-01 36150
2002-01-01 36246
2003-01-01 36340
2004-01-01 37033
2005-01-01 32695
2006-01-01 40333
2007-01-01 41242
2008-01-01 40680
2009-01-01 41100
2010-01-01 41784
2011-01-01 41641
2012-01-01 41475
2013-01-01 37256
2014-01-01 43289
2015-01-01 42693
2016-01-01 40818
2017-01-01 41740
2018-01-01 45868
2019-01-01 46468
2020-01-01 49282
2021-01-01 54499
2022-01-01 53895
2023-01-01 61158

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