Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Surry County, NC
Series ID MHICILBNC37171A052NCEN
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 20767
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24512
1994-01-01 .
1995-01-01 25850
1996-01-01 .
1997-01-01 27766
1998-01-01 29231
1999-01-01 30267
2000-01-01 31309
2001-01-01 30391
2002-01-01 29751
2003-01-01 29803
2004-01-01 31340
2005-01-01 32263
2006-01-01 33465
2007-01-01 34389
2008-01-01 35001
2009-01-01 32345
2010-01-01 34111
2011-01-01 32410
2012-01-01 34325
2013-01-01 34402
2014-01-01 34872
2015-01-01 36039
2016-01-01 35976
2017-01-01 39607
2018-01-01 42038
2019-01-01 44993
2020-01-01 40747
2021-01-01 49523
2022-01-01 44515

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