Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Sandoval County, NM
Series ID MHICILBNM35043A052NCEN
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 23497
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30303
1994-01-01 .
1995-01-01 35003
1996-01-01 .
1997-01-01 37211
1998-01-01 38197
1999-01-01 39876
2000-01-01 40574
2001-01-01 41653
2002-01-01 42293
2003-01-01 43779
2004-01-01 44920
2005-01-01 45212
2006-01-01 50703
2007-01-01 51451
2008-01-01 52890
2009-01-01 53567
2010-01-01 49862
2011-01-01 50207
2012-01-01 54561
2013-01-01 52695
2014-01-01 52420
2015-01-01 60330
2016-01-01 54400
2017-01-01 52956
2018-01-01 53136
2019-01-01 67440
2020-01-01 68378
2021-01-01 68231
2022-01-01 78937

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