Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cumberland County, NC
Series ID MHICIUBNC37051A052NCEN
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 25123
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30983
1994-01-01 .
1995-01-01 34268
1996-01-01 .
1997-01-01 36754
1998-01-01 38179
1999-01-01 37438
2000-01-01 40050
2001-01-01 38997
2002-01-01 39184
2003-01-01 39738
2004-01-01 41520
2005-01-01 41449
2006-01-01 42778
2007-01-01 44724
2008-01-01 46592
2009-01-01 42734
2010-01-01 44986
2011-01-01 46124
2012-01-01 46815
2013-01-01 46206
2014-01-01 44010
2015-01-01 43910
2016-01-01 47127
2017-01-01 45692
2018-01-01 48269
2019-01-01 48372
2020-01-01 51820
2021-01-01 54134
2022-01-01 60393

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