Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Covington County, MS
Series ID MHICIUBMS28031A052NCEN
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 3:11 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 18090
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21021
1994-01-01 .
1995-01-01 25590
1996-01-01 .
1997-01-01 26928
1998-01-01 28178
1999-01-01 27462
2000-01-01 28997
2001-01-01 28184
2002-01-01 28249
2003-01-01 29433
2004-01-01 30087
2005-01-01 31343
2006-01-01 32847
2007-01-01 35697
2008-01-01 34689
2009-01-01 34366
2010-01-01 36035
2011-01-01 34878
2012-01-01 35714
2013-01-01 36121
2014-01-01 34621
2015-01-01 39524
2016-01-01 36621
2017-01-01 43241
2018-01-01 40123
2019-01-01 46794
2020-01-01 48786
2021-01-01 48968
2022-01-01 52134
2023-01-01 53665

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