Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Buncombe County, NC
Series ID MHICILBNC37021A052NCEN
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 1:11 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 22966
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27407
1994-01-01 .
1995-01-01 30125
1996-01-01 .
1997-01-01 32301
1998-01-01 33941
1999-01-01 33913
2000-01-01 35027
2001-01-01 34149
2002-01-01 34052
2003-01-01 35060
2004-01-01 35509
2005-01-01 38578
2006-01-01 40231
2007-01-01 41282
2008-01-01 41936
2009-01-01 39008
2010-01-01 40277
2011-01-01 39802
2012-01-01 40789
2013-01-01 43487
2014-01-01 45412
2015-01-01 42802
2016-01-01 48970
2017-01-01 48043
2018-01-01 50900
2019-01-01 52154
2020-01-01 60897
2021-01-01 60465
2022-01-01 64877

Subscribe to the FRED newsletter


Follow us

Back to Top