Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lake County, FL
Series ID MHICIUBFL12069A052NCEN
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 22779
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27069
1994-01-01 .
1995-01-01 31231
1996-01-01 .
1997-01-01 33716
1998-01-01 35880
1999-01-01 37527
2000-01-01 40135
2001-01-01 39094
2002-01-01 39993
2003-01-01 41532
2004-01-01 43374
2005-01-01 41732
2006-01-01 43694
2007-01-01 48581
2008-01-01 47522
2009-01-01 44203
2010-01-01 44130
2011-01-01 47208
2012-01-01 43336
2013-01-01 46580
2014-01-01 49036
2015-01-01 52059
2016-01-01 52610
2017-01-01 54030
2018-01-01 55116
2019-01-01 60646
2020-01-01 63030
2021-01-01 66885
2022-01-01 71000

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