Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Transylvania County, NC
Series ID MHICILBNC37175A052NCEN
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 1:54 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 25347
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26452
1994-01-01 .
1995-01-01 28742
1996-01-01 .
1997-01-01 31450
1998-01-01 33461
1999-01-01 35080
2000-01-01 36383
2001-01-01 35065
2002-01-01 34485
2003-01-01 33941
2004-01-01 34576
2005-01-01 36111
2006-01-01 37205
2007-01-01 38495
2008-01-01 38813
2009-01-01 33782
2010-01-01 37330
2011-01-01 38370
2012-01-01 37465
2013-01-01 37517
2014-01-01 40793
2015-01-01 41996
2016-01-01 40873
2017-01-01 43065
2018-01-01 46624
2019-01-01 50062
2020-01-01 50342
2021-01-01 56521
2022-01-01 55677

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