Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Fairfield County, SC
Series ID MHICILBSC45039A052NCEN
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 17688
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21076
1994-01-01 .
1995-01-01 22771
1996-01-01 .
1997-01-01 24673
1998-01-01 25574
1999-01-01 27078
2000-01-01 28262
2001-01-01 27596
2002-01-01 28009
2003-01-01 29074
2004-01-01 29532
2005-01-01 29735
2006-01-01 30148
2007-01-01 32222
2008-01-01 32420
2009-01-01 30015
2010-01-01 29505
2011-01-01 31634
2012-01-01 30754
2013-01-01 32307
2014-01-01 31934
2015-01-01 32921
2016-01-01 33052
2017-01-01 36108
2018-01-01 35285
2019-01-01 37565
2020-01-01 38726
2021-01-01 36209
2022-01-01 45767

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