Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hendry County, FL
Series ID MHICIUBFL12051A052NCEN
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 24788
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27489
1994-01-01 .
1995-01-01 30071
1996-01-01 .
1997-01-01 31491
1998-01-01 32872
1999-01-01 33264
2000-01-01 35643
2001-01-01 34521
2002-01-01 33959
2003-01-01 33402
2004-01-01 34352
2005-01-01 39214
2006-01-01 38357
2007-01-01 41695
2008-01-01 41843
2009-01-01 38634
2010-01-01 40490
2011-01-01 38638
2012-01-01 39918
2013-01-01 40271
2014-01-01 42076
2015-01-01 42029
2016-01-01 43538
2017-01-01 42344
2018-01-01 48525
2019-01-01 50174
2020-01-01 52257
2021-01-01 54640
2022-01-01 60582
2023-01-01 60642

Subscribe to the FRED newsletter


Follow us

Back to Top