Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Taylor County, FL
Series ID MHICILBFL12123A052NCEN
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 18515
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21063
1994-01-01 .
1995-01-01 22821
1996-01-01 .
1997-01-01 24241
1998-01-01 25725
1999-01-01 27332
2000-01-01 28489
2001-01-01 27832
2002-01-01 28177
2003-01-01 28974
2004-01-01 29834
2005-01-01 30038
2006-01-01 32153
2007-01-01 34743
2008-01-01 32915
2009-01-01 31072
2010-01-01 32088
2011-01-01 30762
2012-01-01 32965
2013-01-01 34890
2014-01-01 32720
2015-01-01 35276
2016-01-01 35953
2017-01-01 37069
2018-01-01 38034
2019-01-01 38904
2020-01-01 38545
2021-01-01 41502
2022-01-01 42770

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