Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Little River County, AR
Series ID MHICIUBAR05081A052NCEN
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 23073
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26476
1994-01-01 .
1995-01-01 29448
1996-01-01 .
1997-01-01 31863
1998-01-01 32232
1999-01-01 30796
2000-01-01 32598
2001-01-01 31627
2002-01-01 31131
2003-01-01 31984
2004-01-01 33083
2005-01-01 36257
2006-01-01 35635
2007-01-01 36344
2008-01-01 38267
2009-01-01 38343
2010-01-01 39803
2011-01-01 42002
2012-01-01 38677
2013-01-01 39788
2014-01-01 41704
2015-01-01 43135
2016-01-01 47606
2017-01-01 46558
2018-01-01 47951
2019-01-01 47950
2020-01-01 54000
2021-01-01 52371
2022-01-01 54893

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