Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, NC
Series ID MHICIUBNC37123A052NCEN
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 3:11 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 23559
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27165
1994-01-01 .
1995-01-01 29928
1996-01-01 .
1997-01-01 31912
1998-01-01 33620
1999-01-01 33263
2000-01-01 35609
2001-01-01 33971
2002-01-01 33649
2003-01-01 33589
2004-01-01 34508
2005-01-01 36869
2006-01-01 34890
2007-01-01 39352
2008-01-01 40933
2009-01-01 36508
2010-01-01 37792
2011-01-01 33013
2012-01-01 38485
2013-01-01 39051
2014-01-01 42210
2015-01-01 42607
2016-01-01 44420
2017-01-01 47593
2018-01-01 51050
2019-01-01 51877
2020-01-01 54099
2021-01-01 57148
2022-01-01 61138
2023-01-01 60774

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