Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Columbus County, NC
Series ID MHICILBNC37047A052NCEN
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 16369
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18256
1994-01-01 .
1995-01-01 21128
1996-01-01 .
1997-01-01 22214
1998-01-01 23034
1999-01-01 24468
2000-01-01 25471
2001-01-01 24869
2002-01-01 24905
2003-01-01 26018
2004-01-01 26887
2005-01-01 25563
2006-01-01 28537
2007-01-01 29749
2008-01-01 30308
2009-01-01 30338
2010-01-01 29751
2011-01-01 28699
2012-01-01 31335
2013-01-01 32681
2014-01-01 32791
2015-01-01 31320
2016-01-01 32301
2017-01-01 34676
2018-01-01 33275
2019-01-01 35098
2020-01-01 35260
2021-01-01 36838
2022-01-01 42028

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