Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cumberland County, NC
Series ID MHICILBNC37051A052NCEN
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 21081
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26760
1994-01-01 .
1995-01-01 28808
1996-01-01 .
1997-01-01 30902
1998-01-01 32348
1999-01-01 32930
2000-01-01 34705
2001-01-01 34161
2002-01-01 34292
2003-01-01 35091
2004-01-01 36699
2005-01-01 37329
2006-01-01 39617
2007-01-01 40642
2008-01-01 42725
2009-01-01 39593
2010-01-01 41726
2011-01-01 41602
2012-01-01 43405
2013-01-01 41870
2014-01-01 41154
2015-01-01 40850
2016-01-01 43445
2017-01-01 42438
2018-01-01 45289
2019-01-01 44826
2020-01-01 46500
2021-01-01 50792
2022-01-01 55633

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