Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Benton County, MS
Series ID MHICIUBMS28009A052NCEN
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 18832
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20291
1994-01-01 .
1995-01-01 24184
1996-01-01 .
1997-01-01 26637
1998-01-01 27998
1999-01-01 26080
2000-01-01 26750
2001-01-01 25749
2002-01-01 26342
2003-01-01 27261
2004-01-01 27812
2005-01-01 28511
2006-01-01 30359
2007-01-01 32662
2008-01-01 31566
2009-01-01 33022
2010-01-01 30214
2011-01-01 30607
2012-01-01 31844
2013-01-01 33201
2014-01-01 33840
2015-01-01 35675
2016-01-01 39363
2017-01-01 39359
2018-01-01 38862
2019-01-01 41918
2020-01-01 44819
2021-01-01 45982
2022-01-01 48597

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