Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Watauga County, NC
Series ID MHICILBNC37189A052NCEN
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 19503
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23923
1994-01-01 .
1995-01-01 25507
1996-01-01 .
1997-01-01 27872
1998-01-01 30177
1999-01-01 30452
2000-01-01 31323
2001-01-01 30733
2002-01-01 30435
2003-01-01 31105
2004-01-01 32008
2005-01-01 30859
2006-01-01 33213
2007-01-01 34770
2008-01-01 36620
2009-01-01 34821
2010-01-01 35362
2011-01-01 35779
2012-01-01 35281
2013-01-01 35270
2014-01-01 39216
2015-01-01 38560
2016-01-01 40840
2017-01-01 44071
2018-01-01 45731
2019-01-01 46006
2020-01-01 46883
2021-01-01 49198
2022-01-01 51780

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