Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hinds County, MS
Series ID MHICIUBMS28049A052NCEN
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 24150
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29046
1994-01-01 .
1995-01-01 32360
1996-01-01 .
1997-01-01 34842
1998-01-01 35274
1999-01-01 34255
2000-01-01 36885
2001-01-01 35774
2002-01-01 35553
2003-01-01 36219
2004-01-01 36547
2005-01-01 37136
2006-01-01 37470
2007-01-01 40280
2008-01-01 41175
2009-01-01 39154
2010-01-01 38963
2011-01-01 37316
2012-01-01 36619
2013-01-01 36962
2014-01-01 40314
2015-01-01 41745
2016-01-01 45045
2017-01-01 46888
2018-01-01 46910
2019-01-01 47115
2020-01-01 49774
2021-01-01 45105
2022-01-01 51046

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