Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union County, AR
Series ID MHICILBAR05139A052NCEN
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 1:54 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 19002
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22460
1994-01-01 .
1995-01-01 24359
1996-01-01 .
1997-01-01 26273
1998-01-01 28236
1999-01-01 28256
2000-01-01 29171
2001-01-01 28769
2002-01-01 29517
2003-01-01 30004
2004-01-01 30711
2005-01-01 30363
2006-01-01 31817
2007-01-01 34526
2008-01-01 35471
2009-01-01 31973
2010-01-01 33849
2011-01-01 33996
2012-01-01 37315
2013-01-01 34944
2014-01-01 37117
2015-01-01 38284
2016-01-01 40000
2017-01-01 39927
2018-01-01 40818
2019-01-01 42118
2020-01-01 41145
2021-01-01 42065
2022-01-01 45009

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