Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lea County, NM
Series ID MHICIUBNM35025A052NCEN
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 25989
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29503
1994-01-01 .
1995-01-01 31708
1996-01-01 .
1997-01-01 34204
1998-01-01 34864
1999-01-01 31905
2000-01-01 34051
2001-01-01 34127
2002-01-01 34536
2003-01-01 35740
2004-01-01 36975
2005-01-01 38416
2006-01-01 41037
2007-01-01 44119
2008-01-01 49516
2009-01-01 48052
2010-01-01 46878
2011-01-01 50156
2012-01-01 52061
2013-01-01 56742
2014-01-01 61650
2015-01-01 59062
2016-01-01 56073
2017-01-01 56065
2018-01-01 55430
2019-01-01 68381
2020-01-01 72658
2021-01-01 55008
2022-01-01 65220

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