Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Sumter County, FL
Series ID MHICIUBFL12119A052NCEN
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 19449
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22341
1994-01-01 .
1995-01-01 27156
1996-01-01 .
1997-01-01 28680
1998-01-01 30440
1999-01-01 32332
2000-01-01 34277
2001-01-01 32919
2002-01-01 34132
2003-01-01 36477
2004-01-01 40268
2005-01-01 38766
2006-01-01 45494
2007-01-01 45914
2008-01-01 52462
2009-01-01 49905
2010-01-01 47688
2011-01-01 47727
2012-01-01 50669
2013-01-01 55370
2014-01-01 55538
2015-01-01 59038
2016-01-01 60974
2017-01-01 62793
2018-01-01 58067
2019-01-01 68147
2020-01-01 66569
2021-01-01 75717
2022-01-01 84313
2023-01-01 86171

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