Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Southeast Fairbanks Census Area, AK

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Southeast Fairbanks Census Area, AK
Series ID MHICILBAK02240A052NCEN
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 1:55 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 25501
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32051
1994-01-01 .
1995-01-01 38184
1996-01-01 .
1997-01-01 32829
1998-01-01 30681
1999-01-01 32916
2000-01-01 35443
2001-01-01 34275
2002-01-01 34670
2003-01-01 38318
2004-01-01 42072
2005-01-01 42200
2006-01-01 46126
2007-01-01 47245
2008-01-01 54763
2009-01-01 49325
2010-01-01 49243
2011-01-01 50699
2012-01-01 51089
2013-01-01 49561
2014-01-01 54022
2015-01-01 54999
2016-01-01 53551
2017-01-01 53108
2018-01-01 56945
2019-01-01 63162
2020-01-01 54631
2021-01-01 59805
2022-01-01 65790

Subscribe to the FRED newsletter


Follow us

Back to Top