Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nome Census Area, AK

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nome Census Area, AK
Series ID MHICIUBAK02180A052NCEN
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 27137
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38261
1994-01-01 .
1995-01-01 45187
1996-01-01 .
1997-01-01 40620
1998-01-01 38469
1999-01-01 38679
2000-01-01 41450
2001-01-01 40100
2002-01-01 41137
2003-01-01 41644
2004-01-01 42784
2005-01-01 46606
2006-01-01 48292
2007-01-01 50946
2008-01-01 51505
2009-01-01 52585
2010-01-01 47023
2011-01-01 48287
2012-01-01 50692
2013-01-01 50249
2014-01-01 51496
2015-01-01 56987
2016-01-01 60172
2017-01-01 57754
2018-01-01 60083
2019-01-01 64449
2020-01-01 72124
2021-01-01 71473
2022-01-01 71656

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