Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lexington County, SC
Series ID MHICILBSC45063A052NCEN
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 2:02 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 30026
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35347
1994-01-01 .
1995-01-01 38458
1996-01-01 .
1997-01-01 39748
1998-01-01 41358
1999-01-01 40860
2000-01-01 42693
2001-01-01 42297
2002-01-01 42299
2003-01-01 43154
2004-01-01 43813
2005-01-01 44649
2006-01-01 47654
2007-01-01 49176
2008-01-01 49929
2009-01-01 49752
2010-01-01 49774
2011-01-01 48489
2012-01-01 50416
2013-01-01 51864
2014-01-01 51307
2015-01-01 53260
2016-01-01 55075
2017-01-01 57926
2018-01-01 57764
2019-01-01 59537
2020-01-01 58724
2021-01-01 63273
2022-01-01 70061
2023-01-01 73343

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