Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lafayette County, AR
Series ID MHICILBAR05073A052NCEN
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 2:33 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 13091
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 14566
1994-01-01 .
1995-01-01 15270
1996-01-01 .
1997-01-01 18197
1998-01-01 19939
1999-01-01 22673
2000-01-01 23546
2001-01-01 22845
2002-01-01 22130
2003-01-01 22861
2004-01-01 24379
2005-01-01 23923
2006-01-01 24957
2007-01-01 25888
2008-01-01 25383
2009-01-01 25126
2010-01-01 26360
2011-01-01 28168
2012-01-01 26129
2013-01-01 27861
2014-01-01 28952
2015-01-01 30398
2016-01-01 29083
2017-01-01 29727
2018-01-01 31666
2019-01-01 32633
2020-01-01 34041
2021-01-01 33915
2022-01-01 37266
2023-01-01 38244

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