Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, NC
Series ID MHICILBNC37123A052NCEN
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 19016
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22645
1994-01-01 .
1995-01-01 23776
1996-01-01 .
1997-01-01 25734
1998-01-01 27513
1999-01-01 29210
2000-01-01 30628
2001-01-01 29563
2002-01-01 29288
2003-01-01 29555
2004-01-01 30372
2005-01-01 30720
2006-01-01 30260
2007-01-01 32852
2008-01-01 33427
2009-01-01 31067
2010-01-01 31424
2011-01-01 28355
2012-01-01 32059
2013-01-01 32175
2014-01-01 34850
2015-01-01 35585
2016-01-01 36322
2017-01-01 39797
2018-01-01 44464
2019-01-01 41117
2020-01-01 42945
2021-01-01 48646
2022-01-01 49488

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