Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Chaves County, NM
Series ID MHICIUBNM35005A052NCEN
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 1:09 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 22786
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26432
1994-01-01 .
1995-01-01 28366
1996-01-01 .
1997-01-01 30661
1998-01-01 32131
1999-01-01 29811
2000-01-01 30976
2001-01-01 30665
2002-01-01 30668
2003-01-01 30587
2004-01-01 31727
2005-01-01 33717
2006-01-01 37264
2007-01-01 38067
2008-01-01 37151
2009-01-01 36840
2010-01-01 37347
2011-01-01 38037
2012-01-01 40859
2013-01-01 43933
2014-01-01 41434
2015-01-01 42784
2016-01-01 43682
2017-01-01 46290
2018-01-01 47191
2019-01-01 47547
2020-01-01 55530
2021-01-01 50097
2022-01-01 53568

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