Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nevada County, AR
Series ID MHICIUBAR05099A052NCEN
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 19773
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23258
1994-01-01 .
1995-01-01 26231
1996-01-01 .
1997-01-01 28652
1998-01-01 29614
1999-01-01 28711
2000-01-01 30054
2001-01-01 28725
2002-01-01 28582
2003-01-01 28818
2004-01-01 31252
2005-01-01 31122
2006-01-01 33369
2007-01-01 35511
2008-01-01 34635
2009-01-01 34594
2010-01-01 35751
2011-01-01 34750
2012-01-01 35292
2013-01-01 36661
2014-01-01 34154
2015-01-01 39262
2016-01-01 41293
2017-01-01 48828
2018-01-01 41275
2019-01-01 40988
2020-01-01 48146
2021-01-01 44813
2022-01-01 49070

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