Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Chester County, SC
Series ID MHICIUBSC45023A052NCEN
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 1:09 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 23343
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27651
1994-01-01 .
1995-01-01 30676
1996-01-01 .
1997-01-01 32047
1998-01-01 33263
1999-01-01 33371
2000-01-01 34982
2001-01-01 33856
2002-01-01 33896
2003-01-01 35165
2004-01-01 36321
2005-01-01 36089
2006-01-01 36777
2007-01-01 39888
2008-01-01 39018
2009-01-01 36352
2010-01-01 37795
2011-01-01 35344
2012-01-01 36247
2013-01-01 39636
2014-01-01 41347
2015-01-01 38155
2016-01-01 43334
2017-01-01 44500
2018-01-01 46341
2019-01-01 49268
2020-01-01 51612
2021-01-01 50829
2022-01-01 57397

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