Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hertford County, NC
Series ID MHICILBNC37091A052NCEN
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 16219
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18234
1994-01-01 .
1995-01-01 20088
1996-01-01 .
1997-01-01 20587
1998-01-01 21865
1999-01-01 23827
2000-01-01 24910
2001-01-01 24103
2002-01-01 24510
2003-01-01 25268
2004-01-01 26473
2005-01-01 26983
2006-01-01 26420
2007-01-01 27919
2008-01-01 30933
2009-01-01 30023
2010-01-01 29480
2011-01-01 28517
2012-01-01 28860
2013-01-01 31125
2014-01-01 28091
2015-01-01 31800
2016-01-01 31944
2017-01-01 35912
2018-01-01 34936
2019-01-01 38484
2020-01-01 42828
2021-01-01 35988
2022-01-01 39615

Subscribe to the FRED newsletter


Follow us

Back to Top