Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Monroe County, FL
Series ID MHICIUBFL12087A052NCEN
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 27843
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32983
1994-01-01 .
1995-01-01 36293
1996-01-01 .
1997-01-01 39337
1998-01-01 41525
1999-01-01 42464
2000-01-01 45686
2001-01-01 45158
2002-01-01 44622
2003-01-01 43969
2004-01-01 44899
2005-01-01 50105
2006-01-01 53507
2007-01-01 59413
2008-01-01 56815
2009-01-01 52089
2010-01-01 52943
2011-01-01 53731
2012-01-01 55155
2013-01-01 53481
2014-01-01 60247
2015-01-01 62119
2016-01-01 66719
2017-01-01 67210
2018-01-01 72139
2019-01-01 72924
2020-01-01 75183
2021-01-01 75062
2022-01-01 83709

Subscribe to the FRED newsletter


Follow us

Back to Top