Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Henderson County, NC
Series ID MHICILBNC37089A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 23524
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27109
1994-01-01 .
1995-01-01 31033
1996-01-01 .
1997-01-01 32402
1998-01-01 33864
1999-01-01 35149
2000-01-01 36692
2001-01-01 35496
2002-01-01 35285
2003-01-01 35772
2004-01-01 37732
2005-01-01 36413
2006-01-01 39831
2007-01-01 43501
2008-01-01 44016
2009-01-01 40553
2010-01-01 40962
2011-01-01 43497
2012-01-01 42513
2013-01-01 42237
2014-01-01 44042
2015-01-01 44792
2016-01-01 50772
2017-01-01 49110
2018-01-01 50860
2019-01-01 59077
2020-01-01 54684
2021-01-01 56642
2022-01-01 59755
2023-01-01 59438

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