Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Caswell County, NC
Series ID MHICILBNC37033A052NCEN
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 19905
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23238
1994-01-01 .
1995-01-01 25881
1996-01-01 .
1997-01-01 28040
1998-01-01 29789
1999-01-01 31324
2000-01-01 32801
2001-01-01 32055
2002-01-01 31764
2003-01-01 31953
2004-01-01 31988
2005-01-01 33684
2006-01-01 34275
2007-01-01 35114
2008-01-01 36286
2009-01-01 31017
2010-01-01 34934
2011-01-01 35001
2012-01-01 36047
2013-01-01 33854
2014-01-01 39100
2015-01-01 37176
2016-01-01 37492
2017-01-01 40680
2018-01-01 41286
2019-01-01 46553
2020-01-01 41660
2021-01-01 45618
2022-01-01 48351

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