Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hardee County, FL
Series ID MHICILBFL12049A052NCEN
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 16741
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18705
1994-01-01 .
1995-01-01 19825
1996-01-01 .
1997-01-01 22279
1998-01-01 23888
1999-01-01 26073
2000-01-01 27490
2001-01-01 26536
2002-01-01 26061
2003-01-01 26047
2004-01-01 26808
2005-01-01 29648
2006-01-01 30246
2007-01-01 33320
2008-01-01 31286
2009-01-01 30577
2010-01-01 30650
2011-01-01 30019
2012-01-01 31197
2013-01-01 31700
2014-01-01 31915
2015-01-01 32249
2016-01-01 33854
2017-01-01 36193
2018-01-01 34892
2019-01-01 36888
2020-01-01 40068
2021-01-01 40748
2022-01-01 42634

Subscribe to the FRED newsletter


Follow us

Back to Top