Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Marion County, FL
Series ID MHICILBFL12083A052NCEN
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 1:12 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 17943
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21127
1994-01-01 .
1995-01-01 24098
1996-01-01 .
1997-01-01 25339
1998-01-01 26598
1999-01-01 28647
2000-01-01 30297
2001-01-01 29493
2002-01-01 29824
2003-01-01 31301
2004-01-01 32888
2005-01-01 34382
2006-01-01 37747
2007-01-01 37532
2008-01-01 38756
2009-01-01 37860
2010-01-01 35680
2011-01-01 35023
2012-01-01 35812
2013-01-01 37234
2014-01-01 38202
2015-01-01 38195
2016-01-01 38024
2017-01-01 42127
2018-01-01 42208
2019-01-01 46194
2020-01-01 44814
2021-01-01 51705
2022-01-01 51661

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