Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for McCurtain County, OK
Series ID MHICILBOK40089A052NCEN
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 1:53 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 13697
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16563
1994-01-01 .
1995-01-01 19338
1996-01-01 .
1997-01-01 20160
1998-01-01 21773
1999-01-01 22745
2000-01-01 23356
2001-01-01 23019
2002-01-01 22913
2003-01-01 23666
2004-01-01 24515
2005-01-01 25539
2006-01-01 25244
2007-01-01 26667
2008-01-01 27796
2009-01-01 26398
2010-01-01 28567
2011-01-01 27354
2012-01-01 28285
2013-01-01 29084
2014-01-01 33066
2015-01-01 29677
2016-01-01 30459
2017-01-01 30173
2018-01-01 34729
2019-01-01 38703
2020-01-01 42971
2021-01-01 40197
2022-01-01 40214

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