Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Boone County, IA

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Boone County, IA
Series ID MHICILBIA19015A052NCEN
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 2:33 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 24750
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29095
1994-01-01 .
1995-01-01 31497
1996-01-01 .
1997-01-01 34632
1998-01-01 36292
1999-01-01 37530
2000-01-01 38933
2001-01-01 38485
2002-01-01 39447
2003-01-01 41005
2004-01-01 43288
2005-01-01 41780
2006-01-01 45233
2007-01-01 45556
2008-01-01 44844
2009-01-01 46929
2010-01-01 47264
2011-01-01 46646
2012-01-01 47187
2013-01-01 48754
2014-01-01 49832
2015-01-01 54434
2016-01-01 56882
2017-01-01 55125
2018-01-01 58315
2019-01-01 57319
2020-01-01 62662
2021-01-01 62116
2022-01-01 68970
2023-01-01 69962

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