Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cotton County, OK
Series ID MHICIUBOK40033A052NCEN
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 21410
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25528
1994-01-01 .
1995-01-01 26036
1996-01-01 .
1997-01-01 30300
1998-01-01 31359
1999-01-01 29826
2000-01-01 31065
2001-01-01 30429
2002-01-01 29697
2003-01-01 31191
2004-01-01 32443
2005-01-01 33626
2006-01-01 37512
2007-01-01 39962
2008-01-01 47949
2009-01-01 46832
2010-01-01 43320
2011-01-01 41816
2012-01-01 41702
2013-01-01 44228
2014-01-01 45445
2015-01-01 47225
2016-01-01 47106
2017-01-01 46671
2018-01-01 48087
2019-01-01 51675
2020-01-01 53296
2021-01-01 54250
2022-01-01 56809

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