Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Smith County, TN
Series ID MHICIUBTN47159A052NCEN
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 26291
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29197
1994-01-01 .
1995-01-01 33256
1996-01-01 .
1997-01-01 35155
1998-01-01 36205
1999-01-01 36864
2000-01-01 39254
2001-01-01 38206
2002-01-01 39056
2003-01-01 39580
2004-01-01 40319
2005-01-01 42534
2006-01-01 45349
2007-01-01 47363
2008-01-01 48179
2009-01-01 43060
2010-01-01 42666
2011-01-01 46152
2012-01-01 46824
2013-01-01 47839
2014-01-01 47028
2015-01-01 48682
2016-01-01 51764
2017-01-01 52671
2018-01-01 55315
2019-01-01 60864
2020-01-01 64948
2021-01-01 60009
2022-01-01 70705

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