Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for DeSoto County, FL
Series ID MHICILBFL12027A052NCEN
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 1:54 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 15887
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18160
1994-01-01 .
1995-01-01 20247
1996-01-01 .
1997-01-01 22414
1998-01-01 23869
1999-01-01 26326
2000-01-01 27712
2001-01-01 26523
2002-01-01 25876
2003-01-01 25946
2004-01-01 26721
2005-01-01 32495
2006-01-01 29825
2007-01-01 32772
2008-01-01 33922
2009-01-01 30624
2010-01-01 30850
2011-01-01 29780
2012-01-01 31210
2013-01-01 30551
2014-01-01 34255
2015-01-01 31202
2016-01-01 31199
2017-01-01 33967
2018-01-01 33620
2019-01-01 37525
2020-01-01 41757
2021-01-01 38550
2022-01-01 41972

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