Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for McKinley County, NM
Series ID MHICIUBNM35031A052NCEN
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 3:12 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 18166
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21706
1994-01-01 .
1995-01-01 23846
1996-01-01 .
1997-01-01 24680
1998-01-01 24928
1999-01-01 25742
2000-01-01 27998
2001-01-01 26882
2002-01-01 27186
2003-01-01 28465
2004-01-01 29233
2005-01-01 29917
2006-01-01 29717
2007-01-01 36201
2008-01-01 33005
2009-01-01 33387
2010-01-01 31538
2011-01-01 31809
2012-01-01 31680
2013-01-01 30118
2014-01-01 32348
2015-01-01 30929
2016-01-01 34173
2017-01-01 33357
2018-01-01 36528
2019-01-01 39572
2020-01-01 38870
2021-01-01 43164
2022-01-01 47258
2023-01-01 45404

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