Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hot Spring County, AR

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hot Spring County, AR
Series ID MHICIUBAR05059A052NCEN
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 1:53 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 21944
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25064
1994-01-01 .
1995-01-01 29089
1996-01-01 .
1997-01-01 30847
1998-01-01 32028
1999-01-01 32545
2000-01-01 34556
2001-01-01 33593
2002-01-01 33897
2003-01-01 34605
2004-01-01 35903
2005-01-01 37182
2006-01-01 37669
2007-01-01 41103
2008-01-01 40569
2009-01-01 38773
2010-01-01 40359
2011-01-01 41249
2012-01-01 44573
2013-01-01 43074
2014-01-01 41104
2015-01-01 43831
2016-01-01 49336
2017-01-01 46204
2018-01-01 50663
2019-01-01 51362
2020-01-01 56238
2021-01-01 56977
2022-01-01 56156

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