Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Alexander County, NC
Series ID MHICIUBNC37003A052NCEN
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 2:31 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 29474
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33187
1994-01-01 .
1995-01-01 36578
1996-01-01 .
1997-01-01 38345
1998-01-01 39873
1999-01-01 39964
2000-01-01 42782
2001-01-01 40965
2002-01-01 40200
2003-01-01 40414
2004-01-01 41499
2005-01-01 43923
2006-01-01 45640
2007-01-01 45109
2008-01-01 48554
2009-01-01 44128
2010-01-01 43445
2011-01-01 43135
2012-01-01 42966
2013-01-01 49445
2014-01-01 47187
2015-01-01 44575
2016-01-01 50728
2017-01-01 53021
2018-01-01 54109
2019-01-01 60620
2020-01-01 59410
2021-01-01 57333
2022-01-01 71000
2023-01-01 70380

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