Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Garvin County, OK
Series ID MHICIUBOK40049A052NCEN
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 21490
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23940
1994-01-01 .
1995-01-01 26660
1996-01-01 .
1997-01-01 28225
1998-01-01 28796
1999-01-01 29359
2000-01-01 31385
2001-01-01 30897
2002-01-01 31485
2003-01-01 32734
2004-01-01 34033
2005-01-01 35054
2006-01-01 33943
2007-01-01 41076
2008-01-01 41897
2009-01-01 39289
2010-01-01 40907
2011-01-01 41175
2012-01-01 41257
2013-01-01 40968
2014-01-01 43902
2015-01-01 49646
2016-01-01 43566
2017-01-01 44691
2018-01-01 50934
2019-01-01 49325
2020-01-01 52399
2021-01-01 54237
2022-01-01 52782

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