Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Newton County, AR
Series ID MHICIUBAR05101A052NCEN
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 16766
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19506
1994-01-01 .
1995-01-01 23717
1996-01-01 .
1997-01-01 24695
1998-01-01 26120
1999-01-01 25853
2000-01-01 27534
2001-01-01 26647
2002-01-01 26844
2003-01-01 27584
2004-01-01 28707
2005-01-01 29848
2006-01-01 30909
2007-01-01 31354
2008-01-01 32192
2009-01-01 32286
2010-01-01 33917
2011-01-01 34286
2012-01-01 32091
2013-01-01 34363
2014-01-01 38652
2015-01-01 36872
2016-01-01 36626
2017-01-01 37824
2018-01-01 39977
2019-01-01 41863
2020-01-01 46803
2021-01-01 46734
2022-01-01 53003

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