Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Izard County, AR
Series ID MHICILBAR05065A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:13 AM 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 13644
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16527
1994-01-01 .
1995-01-01 18464
1996-01-01 .
1997-01-01 19643
1998-01-01 20502
1999-01-01 23691
2000-01-01 24305
2001-01-01 23540
2002-01-01 23580
2003-01-01 24655
2004-01-01 25615
2005-01-01 25241
2006-01-01 28160
2007-01-01 28417
2008-01-01 28193
2009-01-01 27282
2010-01-01 27183
2011-01-01 28233
2012-01-01 27244
2013-01-01 30295
2014-01-01 29781
2015-01-01 31970
2016-01-01 33868
2017-01-01 34580
2018-01-01 33841
2019-01-01 35642
2020-01-01 37501
2021-01-01 36283
2022-01-01 38805
2023-01-01 41842

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