Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Horry County, SC
Series ID MHICILBSC45051A052NCEN
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 19198
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23759
1994-01-01 .
1995-01-01 26828
1996-01-01 .
1997-01-01 28281
1998-01-01 28825
1999-01-01 31534
2000-01-01 33804
2001-01-01 32690
2002-01-01 32412
2003-01-01 33511
2004-01-01 34657
2005-01-01 36796
2006-01-01 39165
2007-01-01 40987
2008-01-01 40910
2009-01-01 39544
2010-01-01 38333
2011-01-01 36987
2012-01-01 38542
2013-01-01 40078
2014-01-01 41280
2015-01-01 45555
2016-01-01 43871
2017-01-01 43866
2018-01-01 47182
2019-01-01 51252
2020-01-01 50946
2021-01-01 53460
2022-01-01 58837

Subscribe to the FRED newsletter


Follow us

Back to Top