Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Woods County, OK
Series ID MHICILBOK40151A052NCEN
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 19137
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21430
1994-01-01 .
1995-01-01 21618
1996-01-01 .
1997-01-01 24919
1998-01-01 26215
1999-01-01 26850
2000-01-01 27741
2001-01-01 27457
2002-01-01 26612
2003-01-01 29318
2004-01-01 29266
2005-01-01 29017
2006-01-01 30436
2007-01-01 34774
2008-01-01 34725
2009-01-01 36062
2010-01-01 34445
2011-01-01 34897
2012-01-01 46405
2013-01-01 43854
2014-01-01 43934
2015-01-01 48700
2016-01-01 45506
2017-01-01 44631
2018-01-01 46486
2019-01-01 36875
2020-01-01 44662
2021-01-01 45044
2022-01-01 47671

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