Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Beaufort County, NC
Series ID MHICIUBNC37013A052NCEN
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 1:10 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 22500
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26641
1994-01-01 .
1995-01-01 28894
1996-01-01 .
1997-01-01 31683
1998-01-01 32558
1999-01-01 31905
2000-01-01 34296
2001-01-01 33030
2002-01-01 33003
2003-01-01 34251
2004-01-01 35132
2005-01-01 37368
2006-01-01 38294
2007-01-01 40299
2008-01-01 41254
2009-01-01 41982
2010-01-01 41012
2011-01-01 41609
2012-01-01 40944
2013-01-01 42202
2014-01-01 43074
2015-01-01 45002
2016-01-01 44664
2017-01-01 48109
2018-01-01 50207
2019-01-01 53209
2020-01-01 55475
2021-01-01 55552
2022-01-01 59839

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