Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Little River County, AR
Series ID MHICILBAR05081A052NCEN
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 18717
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22034
1994-01-01 .
1995-01-01 23287
1996-01-01 .
1997-01-01 25598
1998-01-01 26122
1999-01-01 27034
2000-01-01 28058
2001-01-01 27528
2002-01-01 27085
2003-01-01 28165
2004-01-01 29150
2005-01-01 30409
2006-01-01 29741
2007-01-01 30340
2008-01-01 31724
2009-01-01 31208
2010-01-01 34717
2011-01-01 35872
2012-01-01 32135
2013-01-01 32832
2014-01-01 33678
2015-01-01 35395
2016-01-01 39528
2017-01-01 37568
2018-01-01 39167
2019-01-01 38564
2020-01-01 40250
2021-01-01 40867
2022-01-01 42873

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