Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for North Carolina

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for North Carolina
Series ID MHICILBNC37000A052NCEN
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 25352
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27805
1994-01-01 .
1995-01-01 30653
1996-01-01 32832
1997-01-01 33857
1998-01-01 34505
1999-01-01 36382
2000-01-01 37286
2001-01-01 37746
2002-01-01 36566
2003-01-01 37974
2004-01-01 39525
2005-01-01 40467
2006-01-01 42294
2007-01-01 44349
2008-01-01 46156
2009-01-01 43385
2010-01-01 43053
2011-01-01 43522
2012-01-01 44809
2013-01-01 45527
2014-01-01 46219
2015-01-01 47370
2016-01-01 50305
2017-01-01 52295
2018-01-01 53358
2019-01-01 56784
2020-01-01 58990
2021-01-01 61459
2022-01-01 66899

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