Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Granville County, NC
Series ID MHICILBNC37077A052NCEN
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 20698
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26074
1994-01-01 .
1995-01-01 29184
1996-01-01 .
1997-01-01 31643
1998-01-01 33008
1999-01-01 34813
2000-01-01 36664
2001-01-01 35912
2002-01-01 35463
2003-01-01 36215
2004-01-01 36941
2005-01-01 39651
2006-01-01 41075
2007-01-01 40822
2008-01-01 44297
2009-01-01 42453
2010-01-01 41909
2011-01-01 45587
2012-01-01 42312
2013-01-01 45153
2014-01-01 45596
2015-01-01 46044
2016-01-01 47287
2017-01-01 48392
2018-01-01 54412
2019-01-01 50102
2020-01-01 47573
2021-01-01 57360
2022-01-01 68640

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