Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Holmes County, MS
Series ID MHICILBMS28051A052NCEN
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 1:12 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 7124
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 8947
1994-01-01 .
1995-01-01 11240
1996-01-01 .
1997-01-01 12091
1998-01-01 13858
1999-01-01 16178
2000-01-01 16681
2001-01-01 16149
2002-01-01 16278
2003-01-01 17886
2004-01-01 18972
2005-01-01 19196
2006-01-01 18679
2007-01-01 20554
2008-01-01 21196
2009-01-01 19684
2010-01-01 20778
2011-01-01 20401
2012-01-01 20479
2013-01-01 20651
2014-01-01 20570
2015-01-01 21561
2016-01-01 20167
2017-01-01 22219
2018-01-01 23682
2019-01-01 23549
2020-01-01 25918
2021-01-01 24643
2022-01-01 28312

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