Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lenoir County, NC
Series ID MHICILBNC37107A052NCEN
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 18406
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21897
1994-01-01 .
1995-01-01 23375
1996-01-01 .
1997-01-01 24887
1998-01-01 25507
1999-01-01 27651
2000-01-01 29029
2001-01-01 28423
2002-01-01 28311
2003-01-01 29114
2004-01-01 30148
2005-01-01 29185
2006-01-01 31529
2007-01-01 30403
2008-01-01 30077
2009-01-01 31874
2010-01-01 33634
2011-01-01 30619
2012-01-01 33265
2013-01-01 31469
2014-01-01 32967
2015-01-01 33905
2016-01-01 36071
2017-01-01 36158
2018-01-01 37175
2019-01-01 36541
2020-01-01 36295
2021-01-01 39911
2022-01-01 41377

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