Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Latimer County, OK
Series ID MHICIUBOK40077A052NCEN
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 18304
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21751
1994-01-01 .
1995-01-01 25591
1996-01-01 .
1997-01-01 27115
1998-01-01 28107
1999-01-01 26338
2000-01-01 27918
2001-01-01 28121
2002-01-01 28332
2003-01-01 30486
2004-01-01 31619
2005-01-01 31766
2006-01-01 34599
2007-01-01 37288
2008-01-01 37895
2009-01-01 38187
2010-01-01 38214
2011-01-01 39133
2012-01-01 38804
2013-01-01 38976
2014-01-01 38918
2015-01-01 41465
2016-01-01 39485
2017-01-01 41187
2018-01-01 42336
2019-01-01 45908
2020-01-01 46234
2021-01-01 40579
2022-01-01 47203

Subscribe to the FRED newsletter


Follow us

Back to Top