Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Conway County, AR
Series ID MHICILBAR05029A052NCEN
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 17427
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21446
1994-01-01 .
1995-01-01 23530
1996-01-01 .
1997-01-01 25370
1998-01-01 26343
1999-01-01 28863
2000-01-01 29562
2001-01-01 29111
2002-01-01 28954
2003-01-01 29835
2004-01-01 30862
2005-01-01 31000
2006-01-01 33269
2007-01-01 33157
2008-01-01 32503
2009-01-01 32838
2010-01-01 34102
2011-01-01 34230
2012-01-01 32950
2013-01-01 35026
2014-01-01 38416
2015-01-01 40200
2016-01-01 38316
2017-01-01 38788
2018-01-01 40254
2019-01-01 42816
2020-01-01 39842
2021-01-01 42542
2022-01-01 46312

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