Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hamilton County, FL
Series ID MHICILBFL12047A052NCEN
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 16169
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18526
1994-01-01 .
1995-01-01 19614
1996-01-01 .
1997-01-01 20956
1998-01-01 21369
1999-01-01 23487
2000-01-01 24098
2001-01-01 22935
2002-01-01 22310
2003-01-01 23553
2004-01-01 24692
2005-01-01 25784
2006-01-01 27784
2007-01-01 27912
2008-01-01 29460
2009-01-01 27958
2010-01-01 28834
2011-01-01 26683
2012-01-01 29503
2013-01-01 30969
2014-01-01 28612
2015-01-01 30164
2016-01-01 30885
2017-01-01 31373
2018-01-01 32335
2019-01-01 34515
2020-01-01 37316
2021-01-01 34759
2022-01-01 40722

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