Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Palm Beach County, FL
Series ID MHICILBFL12099A052NCEN
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 28638
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31259
1994-01-01 .
1995-01-01 33589
1996-01-01 .
1997-01-01 34621
1998-01-01 36757
1999-01-01 38756
2000-01-01 39525
2001-01-01 39537
2002-01-01 39416
2003-01-01 40789
2004-01-01 41902
2005-01-01 47150
2006-01-01 50757
2007-01-01 51928
2008-01-01 51760
2009-01-01 48638
2010-01-01 48633
2011-01-01 47455
2012-01-01 50403
2013-01-01 50866
2014-01-01 51032
2015-01-01 55529
2016-01-01 56136
2017-01-01 58732
2018-01-01 60307
2019-01-01 65344
2020-01-01 65346
2021-01-01 68087
2022-01-01 74434

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