Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Sumter County, AL
Series ID MHICILBAL01119A052NCEN
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 1:55 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 12091
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 13881
1994-01-01 .
1995-01-01 14769
1996-01-01 .
1997-01-01 16074
1998-01-01 17511
1999-01-01 18781
2000-01-01 19022
2001-01-01 18341
2002-01-01 18396
2003-01-01 19262
2004-01-01 19790
2005-01-01 19647
2006-01-01 21334
2007-01-01 21057
2008-01-01 21771
2009-01-01 20494
2010-01-01 23148
2011-01-01 21224
2012-01-01 21735
2013-01-01 22037
2014-01-01 22750
2015-01-01 23163
2016-01-01 23991
2017-01-01 23830
2018-01-01 24843
2019-01-01 25881
2020-01-01 27379
2021-01-01 25781
2022-01-01 30903

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