Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Chesterfield County, SC
Series ID MHICILBSC45025A052NCEN
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 18445
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22072
1994-01-01 .
1995-01-01 23663
1996-01-01 .
1997-01-01 25419
1998-01-01 25938
1999-01-01 27103
2000-01-01 28073
2001-01-01 27488
2002-01-01 27580
2003-01-01 28684
2004-01-01 29006
2005-01-01 29028
2006-01-01 29477
2007-01-01 30555
2008-01-01 31386
2009-01-01 29509
2010-01-01 29898
2011-01-01 27906
2012-01-01 29191
2013-01-01 30655
2014-01-01 31531
2015-01-01 33652
2016-01-01 36214
2017-01-01 35732
2018-01-01 35293
2019-01-01 38377
2020-01-01 41689
2021-01-01 41531
2022-01-01 40401

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