Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hinds County, MS
Series ID MHICILBMS28049A052NCEN
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 20114
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24878
1994-01-01 .
1995-01-01 26908
1996-01-01 .
1997-01-01 29208
1998-01-01 29665
1999-01-01 30226
2000-01-01 32081
2001-01-01 31414
2002-01-01 31207
2003-01-01 32134
2004-01-01 32389
2005-01-01 33729
2006-01-01 34380
2007-01-01 36045
2008-01-01 36477
2009-01-01 34348
2010-01-01 35567
2011-01-01 32712
2012-01-01 32953
2013-01-01 32690
2014-01-01 36594
2015-01-01 36571
2016-01-01 40761
2017-01-01 41264
2018-01-01 42642
2019-01-01 42431
2020-01-01 39568
2021-01-01 39079
2022-01-01 43912

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