Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Okaloosa County, FL
Series ID MHICILBFL12091A052NCEN
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 24891
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29446
1994-01-01 .
1995-01-01 30590
1996-01-01 .
1997-01-01 33868
1998-01-01 35236
1999-01-01 37075
2000-01-01 38852
2001-01-01 38561
2002-01-01 39277
2003-01-01 40607
2004-01-01 42694
2005-01-01 46759
2006-01-01 49993
2007-01-01 52331
2008-01-01 51048
2009-01-01 47005
2010-01-01 48921
2011-01-01 46443
2012-01-01 49915
2013-01-01 51679
2014-01-01 52522
2015-01-01 53540
2016-01-01 54301
2017-01-01 57869
2018-01-01 59715
2019-01-01 59467
2020-01-01 58927
2021-01-01 64562
2022-01-01 72478
2023-01-01 78741

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