Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, MS
Series ID MHICIUBMS28097A052NCEN
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 16956
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19526
1994-01-01 .
1995-01-01 23600
1996-01-01 .
1997-01-01 24883
1998-01-01 26037
1999-01-01 26367
2000-01-01 27977
2001-01-01 26989
2002-01-01 26911
2003-01-01 27668
2004-01-01 29439
2005-01-01 30930
2006-01-01 31743
2007-01-01 33796
2008-01-01 33767
2009-01-01 31781
2010-01-01 33037
2011-01-01 33842
2012-01-01 32767
2013-01-01 32650
2014-01-01 35251
2015-01-01 37755
2016-01-01 38657
2017-01-01 39914
2018-01-01 40273
2019-01-01 42846
2020-01-01 46421
2021-01-01 45480
2022-01-01 47638

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