Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lafayette County, MS
Series ID MHICILBMS28071A052NCEN
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 17467
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21439
1994-01-01 .
1995-01-01 22499
1996-01-01 .
1997-01-01 24741
1998-01-01 27233
1999-01-01 26974
2000-01-01 27508
2001-01-01 27120
2002-01-01 27721
2003-01-01 29288
2004-01-01 30215
2005-01-01 29895
2006-01-01 32453
2007-01-01 35871
2008-01-01 34623
2009-01-01 38653
2010-01-01 35245
2011-01-01 36027
2012-01-01 37254
2013-01-01 36763
2014-01-01 36867
2015-01-01 39176
2016-01-01 40265
2017-01-01 43308
2018-01-01 44906
2019-01-01 49301
2020-01-01 48695
2021-01-01 48166
2022-01-01 55728

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