Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Vance County, NC
Series ID MHICIUBNC37181A052NCEN
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 21898
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25037
1994-01-01 .
1995-01-01 28742
1996-01-01 .
1997-01-01 29590
1998-01-01 30087
1999-01-01 31054
2000-01-01 33576
2001-01-01 32288
2002-01-01 32129
2003-01-01 32283
2004-01-01 32526
2005-01-01 34739
2006-01-01 37402
2007-01-01 35805
2008-01-01 37033
2009-01-01 36366
2010-01-01 36841
2011-01-01 36205
2012-01-01 36851
2013-01-01 38482
2014-01-01 36764
2015-01-01 35511
2016-01-01 37822
2017-01-01 43267
2018-01-01 44272
2019-01-01 44565
2020-01-01 47947
2021-01-01 50281
2022-01-01 54730

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