Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Carter County, OK
Series ID MHICILBOK40019A052NCEN
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 1:12 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 19631
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22574
1994-01-01 .
1995-01-01 23597
1996-01-01 .
1997-01-01 25078
1998-01-01 25945
1999-01-01 26991
2000-01-01 28615
2001-01-01 28002
2002-01-01 27975
2003-01-01 29009
2004-01-01 30094
2005-01-01 31320
2006-01-01 31747
2007-01-01 33523
2008-01-01 35774
2009-01-01 34662
2010-01-01 34532
2011-01-01 36981
2012-01-01 43888
2013-01-01 39973
2014-01-01 41250
2015-01-01 42379
2016-01-01 45000
2017-01-01 42056
2018-01-01 45960
2019-01-01 47546
2020-01-01 41858
2021-01-01 50301
2022-01-01 52568

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