Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bacon County, GA
Series ID MHICILBGA13005A052NCEN
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 1:54 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 16847
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19414
1994-01-01 .
1995-01-01 21975
1996-01-01 .
1997-01-01 22495
1998-01-01 24216
1999-01-01 25310
2000-01-01 26024
2001-01-01 25637
2002-01-01 25239
2003-01-01 26175
2004-01-01 26505
2005-01-01 26567
2006-01-01 28014
2007-01-01 28265
2008-01-01 30154
2009-01-01 27125
2010-01-01 28706
2011-01-01 28133
2012-01-01 29444
2013-01-01 30552
2014-01-01 30961
2015-01-01 32585
2016-01-01 33050
2017-01-01 34537
2018-01-01 34548
2019-01-01 37266
2020-01-01 35285
2021-01-01 38008
2022-01-01 40311

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