Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Chicot County, AR
Series ID MHICIUBAR05017A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:12 AM 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 15640
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18354
1994-01-01 .
1995-01-01 21839
1996-01-01 .
1997-01-01 22932
1998-01-01 24722
1999-01-01 23343
2000-01-01 24333
2001-01-01 23118
2002-01-01 22215
2003-01-01 23560
2004-01-01 23827
2005-01-01 25533
2006-01-01 25744
2007-01-01 27336
2008-01-01 27199
2009-01-01 27716
2010-01-01 29934
2011-01-01 30535
2012-01-01 29482
2013-01-01 30696
2014-01-01 32648
2015-01-01 32745
2016-01-01 32052
2017-01-01 34856
2018-01-01 34925
2019-01-01 40587
2020-01-01 41218
2021-01-01 39119
2022-01-01 42828
2023-01-01 43421

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