Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Sarasota County, FL
Series ID MHICILBFL12115A052NCEN
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 25849
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28611
1994-01-01 .
1995-01-01 31718
1996-01-01 .
1997-01-01 34827
1998-01-01 36837
1999-01-01 38095
2000-01-01 39401
2001-01-01 38707
2002-01-01 38736
2003-01-01 39892
2004-01-01 41472
2005-01-01 42958
2006-01-01 46860
2007-01-01 48235
2008-01-01 47571
2009-01-01 44171
2010-01-01 44347
2011-01-01 45090
2012-01-01 46202
2013-01-01 46474
2014-01-01 50672
2015-01-01 53663
2016-01-01 53142
2017-01-01 55553
2018-01-01 59934
2019-01-01 63882
2020-01-01 61309
2021-01-01 68823
2022-01-01 75338

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