Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union County, NC
Series ID MHICILBNC37179A052NCEN
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 28919
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32915
1994-01-01 .
1995-01-01 35004
1996-01-01 .
1997-01-01 38118
1998-01-01 41368
1999-01-01 45592
2000-01-01 47641
2001-01-01 47283
2002-01-01 48282
2003-01-01 50626
2004-01-01 52797
2005-01-01 49763
2006-01-01 57356
2007-01-01 58077
2008-01-01 60358
2009-01-01 59180
2010-01-01 60783
2011-01-01 58759
2012-01-01 57883
2013-01-01 61068
2014-01-01 60573
2015-01-01 69244
2016-01-01 67839
2017-01-01 74712
2018-01-01 77976
2019-01-01 81427
2020-01-01 84770
2021-01-01 82847
2022-01-01 89845

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