Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Richland County, SC
Series ID MHICILBSC45079A052NCEN
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 24317
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29009
1994-01-01 .
1995-01-01 31520
1996-01-01 .
1997-01-01 32999
1998-01-01 34007
1999-01-01 35342
2000-01-01 38260
2001-01-01 37558
2002-01-01 37130
2003-01-01 37548
2004-01-01 37750
2005-01-01 41037
2006-01-01 43594
2007-01-01 45896
2008-01-01 47181
2009-01-01 43308
2010-01-01 44156
2011-01-01 42682
2012-01-01 45655
2013-01-01 45151
2014-01-01 47820
2015-01-01 49273
2016-01-01 50265
2017-01-01 49813
2018-01-01 50029
2019-01-01 50409
2020-01-01 52880
2021-01-01 54403
2022-01-01 58022

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