Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nash County, NC
Series ID MHICILBNC37127A052NCEN
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 21705
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26548
1994-01-01 .
1995-01-01 28908
1996-01-01 .
1997-01-01 30995
1998-01-01 32529
1999-01-01 33704
2000-01-01 35080
2001-01-01 34456
2002-01-01 34227
2003-01-01 35201
2004-01-01 36063
2005-01-01 37207
2006-01-01 38782
2007-01-01 43404
2008-01-01 41645
2009-01-01 37368
2010-01-01 39255
2011-01-01 39949
2012-01-01 38114
2013-01-01 38330
2014-01-01 40519
2015-01-01 40719
2016-01-01 44331
2017-01-01 43672
2018-01-01 46046
2019-01-01 47924
2020-01-01 44611
2021-01-01 51520
2022-01-01 51617
2023-01-01 62270

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