Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Newton County, IN
Series ID MHICIUBIN18111A052NCEN
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 1:52 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 29693
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35476
1994-01-01 .
1995-01-01 37424
1996-01-01 .
1997-01-01 39978
1998-01-01 41432
1999-01-01 42355
2000-01-01 44855
2001-01-01 43989
2002-01-01 43854
2003-01-01 43636
2004-01-01 46601
2005-01-01 50168
2006-01-01 52405
2007-01-01 48105
2008-01-01 54084
2009-01-01 51272
2010-01-01 52302
2011-01-01 48591
2012-01-01 54569
2013-01-01 56991
2014-01-01 55331
2015-01-01 52433
2016-01-01 55490
2017-01-01 63352
2018-01-01 58237
2019-01-01 67597
2020-01-01 67338
2021-01-01 68219
2022-01-01 75166

Subscribe to the FRED newsletter


Follow us

Back to Top