Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Halifax County, NC
Series ID MHICILBNC37083A052NCEN
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 15157
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19051
1994-01-01 .
1995-01-01 20465
1996-01-01 .
1997-01-01 21622
1998-01-01 23142
1999-01-01 24309
2000-01-01 25065
2001-01-01 24199
2002-01-01 24062
2003-01-01 25045
2004-01-01 25842
2005-01-01 26773
2006-01-01 27061
2007-01-01 26769
2008-01-01 29206
2009-01-01 27139
2010-01-01 28410
2011-01-01 28961
2012-01-01 28751
2013-01-01 30115
2014-01-01 29416
2015-01-01 30051
2016-01-01 30319
2017-01-01 31531
2018-01-01 34509
2019-01-01 34597
2020-01-01 35502
2021-01-01 34683
2022-01-01 40979

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