Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Dorchester County, SC
Series ID MHICIUBSC45035A052NCEN
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 12:50 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 31564
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36652
1994-01-01 .
1995-01-01 37796
1996-01-01 .
1997-01-01 39599
1998-01-01 40802
1999-01-01 42497
2000-01-01 46015
2001-01-01 44992
2002-01-01 45860
2003-01-01 47410
2004-01-01 50151
2005-01-01 52175
2006-01-01 53901
2007-01-01 56051
2008-01-01 63302
2009-01-01 55661
2010-01-01 53597
2011-01-01 54751
2012-01-01 56475
2013-01-01 58982
2014-01-01 60319
2015-01-01 59470
2016-01-01 61302
2017-01-01 67607
2018-01-01 69604
2019-01-01 72985
2020-01-01 68401
2021-01-01 78081
2022-01-01 80333

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