Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Colleton County, SC
Series ID MHICILBSC45029A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:13 AM 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 16728
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19841
1994-01-01 .
1995-01-01 21483
1996-01-01 .
1997-01-01 22572
1998-01-01 23173
1999-01-01 26125
2000-01-01 27604
2001-01-01 26932
2002-01-01 26982
2003-01-01 27932
2004-01-01 28839
2005-01-01 28531
2006-01-01 31277
2007-01-01 31806
2008-01-01 31727
2009-01-01 33368
2010-01-01 29630
2011-01-01 29918
2012-01-01 30451
2013-01-01 30674
2014-01-01 33175
2015-01-01 31143
2016-01-01 33120
2017-01-01 32516
2018-01-01 35891
2019-01-01 36544
2020-01-01 38029
2021-01-01 42017
2022-01-01 42759
2023-01-01 44875

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