Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Craig County, OK
Series ID MHICILBOK40035A052NCEN
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 16679
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19627
1994-01-01 .
1995-01-01 20664
1996-01-01 .
1997-01-01 22652
1998-01-01 23480
1999-01-01 27514
2000-01-01 29115
2001-01-01 28396
2002-01-01 28578
2003-01-01 30523
2004-01-01 29693
2005-01-01 33830
2006-01-01 31425
2007-01-01 33315
2008-01-01 35908
2009-01-01 32119
2010-01-01 32946
2011-01-01 33639
2012-01-01 34886
2013-01-01 33623
2014-01-01 33534
2015-01-01 38343
2016-01-01 39613
2017-01-01 35832
2018-01-01 40249
2019-01-01 39047
2020-01-01 38485
2021-01-01 44264
2022-01-01 43480

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