Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rowan County, NC
Series ID MHICILBNC37159A052NCEN
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 12:51 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 23365
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27931
1994-01-01 .
1995-01-01 30046
1996-01-01 .
1997-01-01 32113
1998-01-01 33435
1999-01-01 34193
2000-01-01 35215
2001-01-01 34721
2002-01-01 34854
2003-01-01 35506
2004-01-01 36263
2005-01-01 37519
2006-01-01 39634
2007-01-01 43854
2008-01-01 40583
2009-01-01 39542
2010-01-01 36555
2011-01-01 38312
2012-01-01 38461
2013-01-01 39229
2014-01-01 42395
2015-01-01 41608
2016-01-01 45427
2017-01-01 44699
2018-01-01 44137
2019-01-01 48982
2020-01-01 50068
2021-01-01 53509
2022-01-01 55861

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