Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Woods County, OK
Series ID MHICIUBOK40151A052NCEN
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 23642
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26055
1994-01-01 .
1995-01-01 27901
1996-01-01 .
1997-01-01 31084
1998-01-01 32313
1999-01-01 30637
2000-01-01 32300
2001-01-01 31520
2002-01-01 30573
2003-01-01 33298
2004-01-01 33251
2005-01-01 34893
2006-01-01 36334
2007-01-01 41592
2008-01-01 42627
2009-01-01 43952
2010-01-01 41517
2011-01-01 42479
2012-01-01 52427
2013-01-01 53312
2014-01-01 53728
2015-01-01 57140
2016-01-01 55376
2017-01-01 55327
2018-01-01 56944
2019-01-01 44493
2020-01-01 60346
2021-01-01 57698
2022-01-01 60369

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