Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lee County, NC
Series ID MHICIUBNC37105A052NCEN
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 26918
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31292
1994-01-01 .
1995-01-01 36268
1996-01-01 .
1997-01-01 37927
1998-01-01 39625
1999-01-01 39924
2000-01-01 42913
2001-01-01 41087
2002-01-01 41025
2003-01-01 42008
2004-01-01 41938
2005-01-01 43028
2006-01-01 44836
2007-01-01 47134
2008-01-01 48930
2009-01-01 46424
2010-01-01 45527
2011-01-01 45287
2012-01-01 46853
2013-01-01 50924
2014-01-01 49775
2015-01-01 47951
2016-01-01 51289
2017-01-01 55850
2018-01-01 52982
2019-01-01 58576
2020-01-01 63208
2021-01-01 59982
2022-01-01 62162

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