Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cherokee County, SC
Series ID MHICILBSC45021A052NCEN
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 21911
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25832
1994-01-01 .
1995-01-01 27006
1996-01-01 .
1997-01-01 28464
1998-01-01 29887
1999-01-01 30685
2000-01-01 32115
2001-01-01 31126
2002-01-01 31046
2003-01-01 32279
2004-01-01 33262
2005-01-01 32841
2006-01-01 32839
2007-01-01 34782
2008-01-01 34298
2009-01-01 32603
2010-01-01 32380
2011-01-01 33032
2012-01-01 33895
2013-01-01 34447
2014-01-01 35059
2015-01-01 33725
2016-01-01 35129
2017-01-01 32041
2018-01-01 38575
2019-01-01 42554
2020-01-01 38762
2021-01-01 41681
2022-01-01 45266

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