Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Boone County, AR

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Boone County, AR
Series ID MHICIUBAR05009A052NCEN
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 22308
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26856
1994-01-01 .
1995-01-01 29994
1996-01-01 .
1997-01-01 31261
1998-01-01 32692
1999-01-01 31865
2000-01-01 33586
2001-01-01 32509
2002-01-01 32907
2003-01-01 33653
2004-01-01 34830
2005-01-01 36043
2006-01-01 38250
2007-01-01 39179
2008-01-01 38074
2009-01-01 40119
2010-01-01 38214
2011-01-01 41232
2012-01-01 38895
2013-01-01 40988
2014-01-01 42885
2015-01-01 43197
2016-01-01 42888
2017-01-01 44236
2018-01-01 48726
2019-01-01 52839
2020-01-01 53965
2021-01-01 52795
2022-01-01 58207

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