Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Okfuskee County, OK
Series ID MHICILBOK40107A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:13 AM 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 11958
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 15075
1994-01-01 .
1995-01-01 16089
1996-01-01 .
1997-01-01 18038
1998-01-01 19279
1999-01-01 22327
2000-01-01 23192
2001-01-01 22600
2002-01-01 22885
2003-01-01 23642
2004-01-01 24704
2005-01-01 24720
2006-01-01 26492
2007-01-01 26822
2008-01-01 27654
2009-01-01 29831
2010-01-01 28589
2011-01-01 28281
2012-01-01 29042
2013-01-01 32151
2014-01-01 30743
2015-01-01 33870
2016-01-01 31817
2017-01-01 34473
2018-01-01 33687
2019-01-01 34856
2020-01-01 40752
2021-01-01 33931
2022-01-01 38529
2023-01-01 39081

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