Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union County, FL
Series ID MHICILBFL12125A052NCEN
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 19623
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23325
1994-01-01 .
1995-01-01 24807
1996-01-01 .
1997-01-01 26839
1998-01-01 28897
1999-01-01 30029
2000-01-01 31173
2001-01-01 30451
2002-01-01 30102
2003-01-01 30643
2004-01-01 31546
2005-01-01 32603
2006-01-01 34341
2007-01-01 37068
2008-01-01 38469
2009-01-01 34886
2010-01-01 36755
2011-01-01 36975
2012-01-01 36445
2013-01-01 36749
2014-01-01 36129
2015-01-01 37145
2016-01-01 39252
2017-01-01 42732
2018-01-01 41423
2019-01-01 45224
2020-01-01 42230
2021-01-01 42949
2022-01-01 54967
2023-01-01 54473

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