Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Red Willow County, NE
Series ID MHICILBNE31145A052NCEN
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 21314
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25624
1994-01-01 .
1995-01-01 25998
1996-01-01 .
1997-01-01 28869
1998-01-01 29205
1999-01-01 30526
2000-01-01 31484
2001-01-01 31056
2002-01-01 31007
2003-01-01 32555
2004-01-01 33439
2005-01-01 32606
2006-01-01 34460
2007-01-01 35109
2008-01-01 39062
2009-01-01 36504
2010-01-01 37178
2011-01-01 40071
2012-01-01 40361
2013-01-01 40733
2014-01-01 39607
2015-01-01 45299
2016-01-01 43708
2017-01-01 44116
2018-01-01 44406
2019-01-01 44646
2020-01-01 47675
2021-01-01 58373
2022-01-01 55188

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