Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Okeechobee County, FL
Series ID MHICIUBFL12093A052NCEN
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 21720
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24025
1994-01-01 .
1995-01-01 27336
1996-01-01 .
1997-01-01 29240
1998-01-01 29611
1999-01-01 30264
2000-01-01 32247
2001-01-01 30946
2002-01-01 30963
2003-01-01 31765
2004-01-01 33444
2005-01-01 35916
2006-01-01 39517
2007-01-01 39745
2008-01-01 38590
2009-01-01 38685
2010-01-01 38422
2011-01-01 36977
2012-01-01 37889
2013-01-01 38273
2014-01-01 40259
2015-01-01 38461
2016-01-01 40037
2017-01-01 45487
2018-01-01 46277
2019-01-01 49977
2020-01-01 54778
2021-01-01 53210
2022-01-01 54498

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