Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for San Miguel County, NM
Series ID MHICIUBNM35047A052NCEN
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 17159
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21531
1994-01-01 .
1995-01-01 25994
1996-01-01 .
1997-01-01 25910
1998-01-01 26521
1999-01-01 26486
2000-01-01 27981
2001-01-01 27386
2002-01-01 28083
2003-01-01 28946
2004-01-01 29845
2005-01-01 30749
2006-01-01 36285
2007-01-01 33904
2008-01-01 35685
2009-01-01 34150
2010-01-01 34670
2011-01-01 34841
2012-01-01 34350
2013-01-01 34256
2014-01-01 36377
2015-01-01 35053
2016-01-01 34880
2017-01-01 36688
2018-01-01 38811
2019-01-01 41385
2020-01-01 46511
2021-01-01 47205
2022-01-01 51869

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