Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Stanly County, NC
Series ID MHICILBNC37167A052NCEN
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 23320
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26804
1994-01-01 .
1995-01-01 28458
1996-01-01 .
1997-01-01 31354
1998-01-01 33285
1999-01-01 34086
2000-01-01 35136
2001-01-01 34199
2002-01-01 33993
2003-01-01 34429
2004-01-01 35565
2005-01-01 35644
2006-01-01 40795
2007-01-01 37565
2008-01-01 43506
2009-01-01 38970
2010-01-01 40062
2011-01-01 35765
2012-01-01 39646
2013-01-01 39069
2014-01-01 39077
2015-01-01 41146
2016-01-01 45886
2017-01-01 47096
2018-01-01 47159
2019-01-01 53625
2020-01-01 47574
2021-01-01 51531
2022-01-01 53317

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