Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Macon County, NC
Series ID MHICILBNC37113A052NCEN
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 1:11 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 17314
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20677
1994-01-01 .
1995-01-01 23995
1996-01-01 .
1997-01-01 25587
1998-01-01 27415
1999-01-01 29629
2000-01-01 30770
2001-01-01 29877
2002-01-01 30299
2003-01-01 31348
2004-01-01 32400
2005-01-01 33605
2006-01-01 34159
2007-01-01 35700
2008-01-01 35969
2009-01-01 33340
2010-01-01 34084
2011-01-01 33941
2012-01-01 33262
2013-01-01 33973
2014-01-01 34261
2015-01-01 38949
2016-01-01 38531
2017-01-01 38591
2018-01-01 42181
2019-01-01 41816
2020-01-01 46423
2021-01-01 44950
2022-01-01 48417

Subscribe to the FRED newsletter


Follow us

Back to Top