Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Beaufort County, SC
Series ID MHICIUBSC45013A052NCEN
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 29083
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34493
1994-01-01 .
1995-01-01 39098
1996-01-01 .
1997-01-01 41996
1998-01-01 43282
1999-01-01 46529
2000-01-01 50123
2001-01-01 48762
2002-01-01 49157
2003-01-01 49728
2004-01-01 51756
2005-01-01 52629
2006-01-01 53472
2007-01-01 56635
2008-01-01 59448
2009-01-01 56838
2010-01-01 58592
2011-01-01 57751
2012-01-01 56840
2013-01-01 59916
2014-01-01 58461
2015-01-01 63514
2016-01-01 67986
2017-01-01 63895
2018-01-01 68447
2019-01-01 77534
2020-01-01 82378
2021-01-01 77761
2022-01-01 87411
2023-01-01 86752

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