Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Burke County, NC
Series ID MHICIUBNC37023A052NCEN
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 1:51 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 26709
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31244
1994-01-01 .
1995-01-01 34792
1996-01-01 .
1997-01-01 35083
1998-01-01 36556
1999-01-01 36039
2000-01-01 38400
2001-01-01 37582
2002-01-01 37075
2003-01-01 36784
2004-01-01 37769
2005-01-01 36343
2006-01-01 40457
2007-01-01 40181
2008-01-01 39502
2009-01-01 38295
2010-01-01 41501
2011-01-01 40391
2012-01-01 41575
2013-01-01 38817
2014-01-01 42572
2015-01-01 45161
2016-01-01 44241
2017-01-01 45474
2018-01-01 48637
2019-01-01 51662
2020-01-01 53580
2021-01-01 59033
2022-01-01 64475

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