Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Berkeley County, SC
Series ID MHICILBSC45015A052NCEN
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 26909
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31028
1994-01-01 .
1995-01-01 30926
1996-01-01 .
1997-01-01 33200
1998-01-01 34192
1999-01-01 35238
2000-01-01 37487
2001-01-01 36920
2002-01-01 37541
2003-01-01 39521
2004-01-01 40903
2005-01-01 42139
2006-01-01 45949
2007-01-01 45940
2008-01-01 45805
2009-01-01 47339
2010-01-01 46594
2011-01-01 46874
2012-01-01 47022
2013-01-01 48204
2014-01-01 50225
2015-01-01 53119
2016-01-01 56634
2017-01-01 54101
2018-01-01 58673
2019-01-01 65525
2020-01-01 64494
2021-01-01 70712
2022-01-01 75055

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