Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Eddy County, NM
Series ID MHICILBNM35015A052NCEN
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 21210
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24936
1994-01-01 .
1995-01-01 26449
1996-01-01 .
1997-01-01 28359
1998-01-01 28936
1999-01-01 29475
2000-01-01 29706
2001-01-01 30195
2002-01-01 30814
2003-01-01 32633
2004-01-01 34118
2005-01-01 34228
2006-01-01 36739
2007-01-01 38700
2008-01-01 39785
2009-01-01 43882
2010-01-01 39981
2011-01-01 42601
2012-01-01 44068
2013-01-01 45260
2014-01-01 54384
2015-01-01 56936
2016-01-01 52447
2017-01-01 48067
2018-01-01 52894
2019-01-01 57182
2020-01-01 61389
2021-01-01 60865
2022-01-01 57422

Subscribe to the FRED newsletter


Follow us

Back to Top