Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Walton County, FL
Series ID MHICILBFL12131A052NCEN
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 15983
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21061
1994-01-01 .
1995-01-01 23391
1996-01-01 .
1997-01-01 24109
1998-01-01 24918
1999-01-01 28057
2000-01-01 30012
2001-01-01 29566
2002-01-01 30454
2003-01-01 32657
2004-01-01 34941
2005-01-01 35475
2006-01-01 38445
2007-01-01 41868
2008-01-01 40409
2009-01-01 39087
2010-01-01 41313
2011-01-01 40838
2012-01-01 36886
2013-01-01 41822
2014-01-01 43244
2015-01-01 45222
2016-01-01 50700
2017-01-01 49696
2018-01-01 55461
2019-01-01 57485
2020-01-01 69573
2021-01-01 59844
2022-01-01 70826
2023-01-01 74238

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