Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, AR
Series ID MHICILBAR05097A052NCEN
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 13327
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16861
1994-01-01 .
1995-01-01 18778
1996-01-01 .
1997-01-01 20808
1998-01-01 22170
1999-01-01 25506
2000-01-01 26380
2001-01-01 25907
2002-01-01 25217
2003-01-01 25414
2004-01-01 27057
2005-01-01 29236
2006-01-01 28437
2007-01-01 31673
2008-01-01 31461
2009-01-01 29001
2010-01-01 28950
2011-01-01 28458
2012-01-01 29951
2013-01-01 29054
2014-01-01 30991
2015-01-01 34929
2016-01-01 32764
2017-01-01 32138
2018-01-01 34245
2019-01-01 35030
2020-01-01 36345
2021-01-01 36340
2022-01-01 40385

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