Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rockingham County, NC
Series ID MHICILBNC37157A052NCEN
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 22153
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25900
1994-01-01 .
1995-01-01 26585
1996-01-01 .
1997-01-01 29226
1998-01-01 30257
1999-01-01 31103
2000-01-01 32185
2001-01-01 31528
2002-01-01 31516
2003-01-01 32416
2004-01-01 33399
2005-01-01 33392
2006-01-01 34850
2007-01-01 36504
2008-01-01 36330
2009-01-01 34020
2010-01-01 36115
2011-01-01 34643
2012-01-01 34875
2013-01-01 37146
2014-01-01 36761
2015-01-01 36904
2016-01-01 39137
2017-01-01 42550
2018-01-01 39387
2019-01-01 41364
2020-01-01 45100
2021-01-01 42312
2022-01-01 48533

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