Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Chowan County, NC
Series ID MHICILBNC37041A052NCEN
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 2:32 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 17781
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21709
1994-01-01 .
1995-01-01 22847
1996-01-01 .
1997-01-01 24788
1998-01-01 25334
1999-01-01 27841
2000-01-01 29271
2001-01-01 28955
2002-01-01 29485
2003-01-01 30486
2004-01-01 31220
2005-01-01 32014
2006-01-01 33374
2007-01-01 33332
2008-01-01 35247
2009-01-01 32598
2010-01-01 32827
2011-01-01 32609
2012-01-01 33896
2013-01-01 35436
2014-01-01 34905
2015-01-01 36872
2016-01-01 37060
2017-01-01 38523
2018-01-01 38343
2019-01-01 41840
2020-01-01 39899
2021-01-01 42699
2022-01-01 49288
2023-01-01 54553

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