Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lee County, FL
Series ID MHICILBFL12071A052NCEN
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 2:33 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 23962
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27255
1994-01-01 .
1995-01-01 29221
1996-01-01 .
1997-01-01 31384
1998-01-01 32783
1999-01-01 35217
2000-01-01 36700
2001-01-01 36765
2002-01-01 37540
2003-01-01 38913
2004-01-01 40968
2005-01-01 44474
2006-01-01 47125
2007-01-01 49393
2008-01-01 49763
2009-01-01 44324
2010-01-01 42751
2011-01-01 43911
2012-01-01 45299
2013-01-01 45228
2014-01-01 47631
2015-01-01 49578
2016-01-01 51643
2017-01-01 52311
2018-01-01 54710
2019-01-01 60479
2020-01-01 63710
2021-01-01 64361
2022-01-01 68305
2023-01-01 69745

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