Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Chowan County, NC
Series ID MHICIUBNC37041A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 22295
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26212
1994-01-01 .
1995-01-01 28989
1996-01-01 .
1997-01-01 30996
1998-01-01 31430
1999-01-01 31692
2000-01-01 33985
2001-01-01 33227
2002-01-01 33832
2003-01-01 34578
2004-01-01 35400
2005-01-01 38056
2006-01-01 39856
2007-01-01 39817
2008-01-01 41413
2009-01-01 39289
2010-01-01 39525
2011-01-01 39853
2012-01-01 41020
2013-01-01 42850
2014-01-01 42869
2015-01-01 44716
2016-01-01 45242
2017-01-01 47841
2018-01-01 46893
2019-01-01 52412
2020-01-01 50831
2021-01-01 54437
2022-01-01 62348
2023-01-01 67063

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