Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Washita County, OK
Series ID MHICIUBOK40149A052NCEN
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 23731
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24284
1994-01-01 .
1995-01-01 25782
1996-01-01 .
1997-01-01 28471
1998-01-01 29398
1999-01-01 30116
2000-01-01 32283
2001-01-01 31933
2002-01-01 31927
2003-01-01 33498
2004-01-01 34967
2005-01-01 37315
2006-01-01 39363
2007-01-01 42850
2008-01-01 46157
2009-01-01 47028
2010-01-01 43968
2011-01-01 48522
2012-01-01 47640
2013-01-01 50422
2014-01-01 52017
2015-01-01 54236
2016-01-01 49336
2017-01-01 49266
2018-01-01 52313
2019-01-01 56133
2020-01-01 55263
2021-01-01 56628
2022-01-01 60655

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