Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bernalillo County, NM
Series ID MHICILBNM35001A052NCEN
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 24725
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30089
1994-01-01 .
1995-01-01 32678
1996-01-01 .
1997-01-01 34657
1998-01-01 36502
1999-01-01 36566
2000-01-01 36904
2001-01-01 37140
2002-01-01 37372
2003-01-01 39096
2004-01-01 40909
2005-01-01 40953
2006-01-01 42221
2007-01-01 43620
2008-01-01 45529
2009-01-01 44151
2010-01-01 45769
2011-01-01 42314
2012-01-01 44461
2013-01-01 45999
2014-01-01 45738
2015-01-01 46329
2016-01-01 49399
2017-01-01 49697
2018-01-01 49762
2019-01-01 53944
2020-01-01 53409
2021-01-01 57298
2022-01-01 62616

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