Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Miller County, AR
Series ID MHICILBAR05091A052NCEN
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 18675
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21241
1994-01-01 .
1995-01-01 22585
1996-01-01 .
1997-01-01 24951
1998-01-01 25708
1999-01-01 27878
2000-01-01 29141
2001-01-01 28764
2002-01-01 28615
2003-01-01 30260
2004-01-01 31124
2005-01-01 30302
2006-01-01 36252
2007-01-01 34505
2008-01-01 34679
2009-01-01 36057
2010-01-01 34733
2011-01-01 34221
2012-01-01 35882
2013-01-01 36713
2014-01-01 38770
2015-01-01 35570
2016-01-01 35208
2017-01-01 41968
2018-01-01 37952
2019-01-01 47664
2020-01-01 37882
2021-01-01 41583
2022-01-01 43806

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