Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hernando County, FL
Series ID MHICIUBFL12053A052NCEN
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 22088
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25429
1994-01-01 .
1995-01-01 30423
1996-01-01 .
1997-01-01 30667
1998-01-01 32064
1999-01-01 33230
2000-01-01 35430
2001-01-01 34093
2002-01-01 34483
2003-01-01 36021
2004-01-01 37851
2005-01-01 39697
2006-01-01 41857
2007-01-01 45277
2008-01-01 41876
2009-01-01 42575
2010-01-01 39925
2011-01-01 42451
2012-01-01 38931
2013-01-01 41519
2014-01-01 42335
2015-01-01 45050
2016-01-01 48361
2017-01-01 47099
2018-01-01 48414
2019-01-01 53166
2020-01-01 56229
2021-01-01 58888
2022-01-01 64258

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