Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Madison County, FL
Series ID MHICIUBFL12079A052NCEN
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 19472
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22870
1994-01-01 .
1995-01-01 26394
1996-01-01 .
1997-01-01 28082
1998-01-01 28938
1999-01-01 27569
2000-01-01 29116
2001-01-01 27901
2002-01-01 27616
2003-01-01 28382
2004-01-01 30138
2005-01-01 32278
2006-01-01 34814
2007-01-01 42060
2008-01-01 35624
2009-01-01 32918
2010-01-01 34626
2011-01-01 34578
2012-01-01 34343
2013-01-01 33161
2014-01-01 36564
2015-01-01 37489
2016-01-01 37317
2017-01-01 40977
2018-01-01 42327
2019-01-01 41356
2020-01-01 48250
2021-01-01 48464
2022-01-01 51781
2023-01-01 57890

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