Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lafayette County, AR
Series ID MHICIUBAR05073A052NCEN
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 17922
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19198
1994-01-01 .
1995-01-01 21565
1996-01-01 .
1997-01-01 24433
1998-01-01 26163
1999-01-01 25932
2000-01-01 27408
2001-01-01 26284
2002-01-01 25510
2003-01-01 26041
2004-01-01 27657
2005-01-01 28718
2006-01-01 29917
2007-01-01 31566
2008-01-01 31147
2009-01-01 30776
2010-01-01 31808
2011-01-01 31946
2012-01-01 31585
2013-01-01 33423
2014-01-01 35498
2015-01-01 37330
2016-01-01 35493
2017-01-01 37029
2018-01-01 39388
2019-01-01 41695
2020-01-01 45973
2021-01-01 43639
2022-01-01 47608

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