Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Laurens County, SC
Series ID MHICILBSC45059A052NCEN
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 21089
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24690
1994-01-01 .
1995-01-01 26655
1996-01-01 .
1997-01-01 26982
1998-01-01 27133
1999-01-01 29465
2000-01-01 30840
2001-01-01 30442
2002-01-01 30149
2003-01-01 30527
2004-01-01 31091
2005-01-01 32481
2006-01-01 33350
2007-01-01 33390
2008-01-01 37439
2009-01-01 34186
2010-01-01 33465
2011-01-01 32895
2012-01-01 33452
2013-01-01 34002
2014-01-01 35316
2015-01-01 37095
2016-01-01 40546
2017-01-01 38145
2018-01-01 39675
2019-01-01 42863
2020-01-01 38053
2021-01-01 48636
2022-01-01 49789

Subscribe to the FRED newsletter


Follow us

Back to Top