Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Palm Beach County, FL
Series ID MHICIUBFL12099A052NCEN
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 32205
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34885
1994-01-01 .
1995-01-01 38065
1996-01-01 .
1997-01-01 39457
1998-01-01 41629
1999-01-01 43305
2000-01-01 44646
2001-01-01 44388
2002-01-01 44255
2003-01-01 45360
2004-01-01 46595
2005-01-01 49022
2006-01-01 52560
2007-01-01 55071
2008-01-01 53853
2009-01-01 50682
2010-01-01 51149
2011-01-01 50491
2012-01-01 52031
2013-01-01 52670
2014-01-01 53418
2015-01-01 57747
2016-01-01 59078
2017-01-01 61386
2018-01-01 63163
2019-01-01 67898
2020-01-01 71054
2021-01-01 71961
2022-01-01 78992

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