Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, MS
Series ID MHICILBMS28097A052NCEN
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 12389
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 14884
1994-01-01 .
1995-01-01 17406
1996-01-01 .
1997-01-01 18537
1998-01-01 19760
1999-01-01 23116
2000-01-01 24065
2001-01-01 23482
2002-01-01 23406
2003-01-01 24356
2004-01-01 25917
2005-01-01 25768
2006-01-01 26481
2007-01-01 27704
2008-01-01 29146
2009-01-01 25811
2010-01-01 27357
2011-01-01 28656
2012-01-01 26959
2013-01-01 27606
2014-01-01 28675
2015-01-01 30773
2016-01-01 31235
2017-01-01 32450
2018-01-01 32349
2019-01-01 34104
2020-01-01 34179
2021-01-01 35404
2022-01-01 36752

Subscribe to the FRED newsletter


Follow us

Back to Top