Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Franklin County, MS
Series ID MHICIUBMS28037A052NCEN
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 2:31 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 18642
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19957
1994-01-01 .
1995-01-01 23327
1996-01-01 .
1997-01-01 25908
1998-01-01 27580
1999-01-01 26598
2000-01-01 27807
2001-01-01 26916
2002-01-01 27068
2003-01-01 28079
2004-01-01 29741
2005-01-01 31930
2006-01-01 32422
2007-01-01 34392
2008-01-01 35687
2009-01-01 35244
2010-01-01 35357
2011-01-01 37480
2012-01-01 33992
2013-01-01 39207
2014-01-01 40176
2015-01-01 40102
2016-01-01 41455
2017-01-01 42544
2018-01-01 43715
2019-01-01 46122
2020-01-01 48223
2021-01-01 49034
2022-01-01 52711
2023-01-01 54335

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