Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Conway County, AR
Series ID MHICIUBAR05029A052NCEN
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 21950
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26008
1994-01-01 .
1995-01-01 29675
1996-01-01 .
1997-01-01 31618
1998-01-01 32501
1999-01-01 32855
2000-01-01 34331
2001-01-01 33366
2002-01-01 33221
2003-01-01 33851
2004-01-01 34998
2005-01-01 36779
2006-01-01 38126
2007-01-01 40415
2008-01-01 39550
2009-01-01 39873
2010-01-01 40848
2011-01-01 41430
2012-01-01 38714
2013-01-01 41264
2014-01-01 46280
2015-01-01 47204
2016-01-01 45468
2017-01-01 48250
2018-01-01 48876
2019-01-01 51032
2020-01-01 54256
2021-01-01 52940
2022-01-01 58498
2023-01-01 59006

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