Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nevada County, AR
Series ID MHICILBAR05099A052NCEN
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 15321
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18740
1994-01-01 .
1995-01-01 20049
1996-01-01 .
1997-01-01 22454
1998-01-01 23486
1999-01-01 25193
2000-01-01 25863
2001-01-01 25028
2002-01-01 24881
2003-01-01 25350
2004-01-01 27532
2005-01-01 26066
2006-01-01 27923
2007-01-01 29101
2008-01-01 28229
2009-01-01 28127
2010-01-01 30041
2011-01-01 28430
2012-01-01 28922
2013-01-01 30021
2014-01-01 27716
2015-01-01 32566
2016-01-01 33931
2017-01-01 44546
2018-01-01 33977
2019-01-01 32068
2020-01-01 35562
2021-01-01 35753
2022-01-01 40228
2023-01-01 39647

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