Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Union County, SC
Series ID MHICILBSC45087A052NCEN
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 19649
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22196
1994-01-01 .
1995-01-01 23344
1996-01-01 .
1997-01-01 25626
1998-01-01 26598
1999-01-01 28333
2000-01-01 29560
2001-01-01 28798
2002-01-01 28751
2003-01-01 29628
2004-01-01 30151
2005-01-01 30405
2006-01-01 30184
2007-01-01 32900
2008-01-01 32044
2009-01-01 29663
2010-01-01 31287
2011-01-01 31705
2012-01-01 29719
2013-01-01 31212
2014-01-01 34266
2015-01-01 32028
2016-01-01 36472
2017-01-01 38178
2018-01-01 37278
2019-01-01 38242
2020-01-01 40136
2021-01-01 38795
2022-01-01 41497

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