Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Craven County, NC
Series ID MHICILBNC37049A052NCEN
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 21287
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25509
1994-01-01 .
1995-01-01 27410
1996-01-01 .
1997-01-01 30137
1998-01-01 31324
1999-01-01 32604
2000-01-01 34141
2001-01-01 33766
2002-01-01 34180
2003-01-01 35472
2004-01-01 36711
2005-01-01 37551
2006-01-01 39589
2007-01-01 40888
2008-01-01 43112
2009-01-01 37656
2010-01-01 38839
2011-01-01 43703
2012-01-01 44675
2013-01-01 42553
2014-01-01 41450
2015-01-01 45228
2016-01-01 46949
2017-01-01 48713
2018-01-01 46885
2019-01-01 48716
2020-01-01 50039
2021-01-01 52023
2022-01-01 57798

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