Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Craighead County, AR
Series ID MHICILBAR05031A052NCEN
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 1:12 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 20478
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24166
1994-01-01 .
1995-01-01 26206
1996-01-01 .
1997-01-01 28604
1998-01-01 30500
1999-01-01 30961
2000-01-01 32148
2001-01-01 31214
2002-01-01 31130
2003-01-01 32767
2004-01-01 33320
2005-01-01 32063
2006-01-01 35481
2007-01-01 36466
2008-01-01 37171
2009-01-01 36411
2010-01-01 35311
2011-01-01 35820
2012-01-01 39547
2013-01-01 38647
2014-01-01 39985
2015-01-01 38844
2016-01-01 41297
2017-01-01 46377
2018-01-01 43054
2019-01-01 43848
2020-01-01 46125
2021-01-01 47503
2022-01-01 56116

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