Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Washington County, NC
Series ID MHICIUBNC37187A052NCEN
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 1:10 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 23959
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26847
1994-01-01 .
1995-01-01 29710
1996-01-01 .
1997-01-01 30806
1998-01-01 30429
1999-01-01 29584
2000-01-01 31395
2001-01-01 30393
2002-01-01 29905
2003-01-01 30141
2004-01-01 31526
2005-01-01 33759
2006-01-01 33931
2007-01-01 36142
2008-01-01 37429
2009-01-01 36220
2010-01-01 36112
2011-01-01 36581
2012-01-01 35654
2013-01-01 34791
2014-01-01 36210
2015-01-01 38705
2016-01-01 38974
2017-01-01 40176
2018-01-01 39981
2019-01-01 44165
2020-01-01 44904
2021-01-01 47856
2022-01-01 51354

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