Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Sierra County, NM
Series ID MHICIUBNM35051A052NCEN
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 2:31 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 15181
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19337
1994-01-01 .
1995-01-01 23057
1996-01-01 .
1997-01-01 23917
1998-01-01 25206
1999-01-01 24773
2000-01-01 25822
2001-01-01 24721
2002-01-01 24521
2003-01-01 24747
2004-01-01 25450
2005-01-01 25885
2006-01-01 27006
2007-01-01 24876
2008-01-01 30321
2009-01-01 29500
2010-01-01 28588
2011-01-01 31221
2012-01-01 30525
2013-01-01 32251
2014-01-01 31791
2015-01-01 31949
2016-01-01 33713
2017-01-01 33006
2018-01-01 34735
2019-01-01 37796
2020-01-01 42258
2021-01-01 42225
2022-01-01 45419
2023-01-01 45629

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