Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Camden County, NC
Series ID MHICILBNC37029A052NCEN
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 2:05 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 21514
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27587
1994-01-01 .
1995-01-01 29838
1996-01-01 .
1997-01-01 32353
1998-01-01 33247
1999-01-01 36136
2000-01-01 38037
2001-01-01 38257
2002-01-01 40307
2003-01-01 43457
2004-01-01 45293
2005-01-01 42754
2006-01-01 45156
2007-01-01 50150
2008-01-01 50747
2009-01-01 50146
2010-01-01 54274
2011-01-01 51697
2012-01-01 48535
2013-01-01 55318
2014-01-01 56667
2015-01-01 55994
2016-01-01 59277
2017-01-01 57738
2018-01-01 58833
2019-01-01 61593
2020-01-01 60943
2021-01-01 71168
2022-01-01 73883
2023-01-01 74718

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