Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Phelps County, NE
Series ID MHICILBNE31137A052NCEN
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 3:13 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 26400
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31110
1994-01-01 .
1995-01-01 31766
1996-01-01 .
1997-01-01 34489
1998-01-01 35097
1999-01-01 35693
2000-01-01 36663
2001-01-01 36131
2002-01-01 36022
2003-01-01 37204
2004-01-01 38859
2005-01-01 38047
2006-01-01 41098
2007-01-01 39538
2008-01-01 41100
2009-01-01 41853
2010-01-01 45450
2011-01-01 46541
2012-01-01 47033
2013-01-01 48895
2014-01-01 48807
2015-01-01 49894
2016-01-01 51426
2017-01-01 55058
2018-01-01 53767
2019-01-01 56264
2020-01-01 52298
2021-01-01 59912
2022-01-01 58117
2023-01-01 62000

Subscribe to the FRED newsletter


Follow us

Back to Top