Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Rowan County, NC
Series ID MHICIUBNC37159A052NCEN
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 27561
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32253
1994-01-01 .
1995-01-01 35847
1996-01-01 .
1997-01-01 38094
1998-01-01 39368
1999-01-01 38806
2000-01-01 40735
2001-01-01 39713
2002-01-01 39881
2003-01-01 40187
2004-01-01 41083
2005-01-01 42334
2006-01-01 45194
2007-01-01 48288
2008-01-01 45609
2009-01-01 46031
2010-01-01 40761
2011-01-01 42222
2012-01-01 42339
2013-01-01 43721
2014-01-01 47551
2015-01-01 48116
2016-01-01 50515
2017-01-01 50383
2018-01-01 49591
2019-01-01 55120
2020-01-01 60728
2021-01-01 59373
2022-01-01 66349
2023-01-01 70321

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