Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hempstead County, AR
Series ID MHICILBAR05057A052NCEN
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 15540
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17855
1994-01-01 .
1995-01-01 19980
1996-01-01 .
1997-01-01 21478
1998-01-01 22685
1999-01-01 25646
2000-01-01 26493
2001-01-01 25975
2002-01-01 25083
2003-01-01 25886
2004-01-01 26747
2005-01-01 27632
2006-01-01 27934
2007-01-01 30991
2008-01-01 31038
2009-01-01 27742
2010-01-01 28801
2011-01-01 28071
2012-01-01 29161
2013-01-01 30584
2014-01-01 29959
2015-01-01 31910
2016-01-01 35557
2017-01-01 36011
2018-01-01 34621
2019-01-01 36066
2020-01-01 36929
2021-01-01 36589
2022-01-01 41069

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