Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Bay County, FL

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Bay County, FL
Series ID MHICIUBFL12005A052NCEN
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 1:11 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 25308
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28999
1994-01-01 .
1995-01-01 32515
1996-01-01 .
1997-01-01 34979
1998-01-01 35969
1999-01-01 36366
2000-01-01 38230
2001-01-01 37540
2002-01-01 38197
2003-01-01 39432
2004-01-01 41456
2005-01-01 42298
2006-01-01 46468
2007-01-01 50144
2008-01-01 47647
2009-01-01 46482
2010-01-01 46750
2011-01-01 46857
2012-01-01 47858
2013-01-01 47393
2014-01-01 47733
2015-01-01 50140
2016-01-01 51205
2017-01-01 54455
2018-01-01 54531
2019-01-01 61434
2020-01-01 64441
2021-01-01 63367
2022-01-01 69516

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