Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Mora County, NM
Series ID MHICILBNM35033A052NCEN
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 9194
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 11901
1994-01-01 .
1995-01-01 14674
1996-01-01 .
1997-01-01 15020
1998-01-01 14856
1999-01-01 20761
2000-01-01 22005
2001-01-01 21576
2002-01-01 21811
2003-01-01 23255
2004-01-01 24093
2005-01-01 24102
2006-01-01 24114
2007-01-01 25388
2008-01-01 26039
2009-01-01 30396
2010-01-01 26489
2011-01-01 25942
2012-01-01 23727
2013-01-01 26391
2014-01-01 25220
2015-01-01 28584
2016-01-01 30772
2017-01-01 29914
2018-01-01 30709
2019-01-01 32438
2020-01-01 34298
2021-01-01 36500
2022-01-01 40023

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