Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Granville County, NC
Series ID MHICIUBNC37077A052NCEN
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 25048
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30479
1994-01-01 .
1995-01-01 35202
1996-01-01 .
1997-01-01 37898
1998-01-01 39121
1999-01-01 39704
2000-01-01 42598
2001-01-01 41217
2002-01-01 40732
2003-01-01 41075
2004-01-01 41856
2005-01-01 46752
2006-01-01 46874
2007-01-01 49025
2008-01-01 52639
2009-01-01 50156
2010-01-01 49747
2011-01-01 51605
2012-01-01 50294
2013-01-01 52207
2014-01-01 53088
2015-01-01 54584
2016-01-01 53541
2017-01-01 57892
2018-01-01 63500
2019-01-01 58498
2020-01-01 58651
2021-01-01 68070
2022-01-01 79600

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