Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, AR
Series ID MHICIUBAR05097A052NCEN
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 18062
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21482
1994-01-01 .
1995-01-01 24945
1996-01-01 .
1997-01-01 27032
1998-01-01 28303
1999-01-01 29111
2000-01-01 30679
2001-01-01 29768
2002-01-01 28998
2003-01-01 28918
2004-01-01 30753
2005-01-01 34407
2006-01-01 33701
2007-01-01 38176
2008-01-01 37225
2009-01-01 35476
2010-01-01 35114
2011-01-01 34748
2012-01-01 35607
2013-01-01 34472
2014-01-01 38203
2015-01-01 40697
2016-01-01 40106
2017-01-01 38862
2018-01-01 42391
2019-01-01 44152
2020-01-01 49157
2021-01-01 46378
2022-01-01 51753

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