Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wayne County, NC
Series ID MHICIUBNC37191A052NCEN
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 24022
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28168
1994-01-01 .
1995-01-01 31887
1996-01-01 .
1997-01-01 34268
1998-01-01 34859
1999-01-01 34721
2000-01-01 36387
2001-01-01 35360
2002-01-01 35340
2003-01-01 35895
2004-01-01 37256
2005-01-01 37889
2006-01-01 40107
2007-01-01 41938
2008-01-01 42506
2009-01-01 42661
2010-01-01 42423
2011-01-01 41977
2012-01-01 41528
2013-01-01 44176
2014-01-01 38828
2015-01-01 43964
2016-01-01 45494
2017-01-01 47665
2018-01-01 43617
2019-01-01 48801
2020-01-01 59269
2021-01-01 54536
2022-01-01 58830
2023-01-01 60972

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