Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mora County, NM
Series ID MHICIUBNM35033A052NCEN
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 13933
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 16640
1994-01-01 .
1995-01-01 20924
1996-01-01 .
1997-01-01 21283
1998-01-01 21084
1999-01-01 23898
2000-01-01 25779
2001-01-01 24891
2002-01-01 25182
2003-01-01 26543
2004-01-01 27506
2005-01-01 29121
2006-01-01 28769
2007-01-01 31154
2008-01-01 31885
2009-01-01 35278
2010-01-01 32153
2011-01-01 31880
2012-01-01 29183
2013-01-01 32135
2014-01-01 30034
2015-01-01 35048
2016-01-01 38432
2017-01-01 37428
2018-01-01 38273
2019-01-01 41498
2020-01-01 46938
2021-01-01 46968
2022-01-01 50287

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