Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clay County, MS
Series ID MHICILBMS28025A052NCEN
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 17672
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19436
1994-01-01 .
1995-01-01 20789
1996-01-01 .
1997-01-01 22371
1998-01-01 24074
1999-01-01 25514
2000-01-01 26283
2001-01-01 25561
2002-01-01 25480
2003-01-01 26189
2004-01-01 26559
2005-01-01 25730
2006-01-01 27688
2007-01-01 28972
2008-01-01 30101
2009-01-01 27569
2010-01-01 27849
2011-01-01 27508
2012-01-01 27583
2013-01-01 27880
2014-01-01 30887
2015-01-01 29159
2016-01-01 30926
2017-01-01 32334
2018-01-01 34160
2019-01-01 29987
2020-01-01 32271
2021-01-01 35486
2022-01-01 38305

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