Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Yancey County, NC
Series ID MHICILBNC37199A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 18093
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21029
1994-01-01 .
1995-01-01 22026
1996-01-01 .
1997-01-01 24680
1998-01-01 26481
1999-01-01 27841
2000-01-01 28787
2001-01-01 27894
2002-01-01 27563
2003-01-01 28380
2004-01-01 29093
2005-01-01 30446
2006-01-01 29785
2007-01-01 32346
2008-01-01 32208
2009-01-01 31143
2010-01-01 33919
2011-01-01 33317
2012-01-01 32844
2013-01-01 32790
2014-01-01 32449
2015-01-01 33127
2016-01-01 35597
2017-01-01 36874
2018-01-01 40570
2019-01-01 42522
2020-01-01 42444
2021-01-01 41533
2022-01-01 48977
2023-01-01 48174

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