Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Collier County, FL
Series ID MHICIUBFL12021A052NCEN
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 2:32 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 33057
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35871
1994-01-01 .
1995-01-01 41162
1996-01-01 .
1997-01-01 43971
1998-01-01 45651
1999-01-01 48002
2000-01-01 51282
2001-01-01 50438
2002-01-01 50863
2003-01-01 51260
2004-01-01 51851
2005-01-01 54947
2006-01-01 58039
2007-01-01 61791
2008-01-01 63713
2009-01-01 56334
2010-01-01 55791
2011-01-01 52670
2012-01-01 56846
2013-01-01 59153
2014-01-01 61143
2015-01-01 64817
2016-01-01 65716
2017-01-01 69757
2018-01-01 74400
2019-01-01 79958
2020-01-01 87516
2021-01-01 80028
2022-01-01 85174
2023-01-01 96521

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