Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Newberry County, SC
Series ID MHICILBSC45071A052NCEN
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 1:53 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 20111
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23625
1994-01-01 .
1995-01-01 25185
1996-01-01 .
1997-01-01 27560
1998-01-01 28249
1999-01-01 29718
2000-01-01 30958
2001-01-01 30173
2002-01-01 30094
2003-01-01 31188
2004-01-01 31849
2005-01-01 32067
2006-01-01 35612
2007-01-01 36546
2008-01-01 40732
2009-01-01 33944
2010-01-01 35622
2011-01-01 34344
2012-01-01 35425
2013-01-01 35295
2014-01-01 38277
2015-01-01 37432
2016-01-01 38196
2017-01-01 38532
2018-01-01 44468
2019-01-01 46606
2020-01-01 46595
2021-01-01 51868
2022-01-01 49136

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