Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nye County, NV
Series ID MHICIUBNV32023A052NCEN
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 34490
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35437
1994-01-01 .
1995-01-01 40046
1996-01-01 .
1997-01-01 39681
1998-01-01 41015
1999-01-01 38539
2000-01-01 40341
2001-01-01 38449
2002-01-01 39513
2003-01-01 40832
2004-01-01 43739
2005-01-01 43355
2006-01-01 47725
2007-01-01 44570
2008-01-01 47351
2009-01-01 47101
2010-01-01 44644
2011-01-01 43819
2012-01-01 44546
2013-01-01 46572
2014-01-01 46643
2015-01-01 47190
2016-01-01 52327
2017-01-01 52798
2018-01-01 50242
2019-01-01 52750
2020-01-01 59892
2021-01-01 64955
2022-01-01 56623
2023-01-01 69936

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