Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Prairie County, AR
Series ID MHICILBAR05117A052NCEN
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 3:13 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 16286
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19239
1994-01-01 .
1995-01-01 21226
1996-01-01 .
1997-01-01 22875
1998-01-01 25116
1999-01-01 27636
2000-01-01 28367
2001-01-01 27693
2002-01-01 26907
2003-01-01 28990
2004-01-01 29382
2005-01-01 30114
2006-01-01 29329
2007-01-01 31571
2008-01-01 31798
2009-01-01 31358
2010-01-01 33615
2011-01-01 32671
2012-01-01 32785
2013-01-01 35075
2014-01-01 36256
2015-01-01 35629
2016-01-01 36180
2017-01-01 38959
2018-01-01 38570
2019-01-01 41950
2020-01-01 41755
2021-01-01 54350
2022-01-01 44598
2023-01-01 48788

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