Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Horry County, SC
Series ID MHICIUBSC45051A052NCEN
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 1:51 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 23402
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28110
1994-01-01 .
1995-01-01 32671
1996-01-01 .
1997-01-01 34328
1998-01-01 34787
1999-01-01 35968
2000-01-01 39016
2001-01-01 37309
2002-01-01 37051
2003-01-01 37884
2004-01-01 39197
2005-01-01 40659
2006-01-01 42280
2007-01-01 44932
2008-01-01 44121
2009-01-01 42782
2010-01-01 43061
2011-01-01 40627
2012-01-01 41956
2013-01-01 43538
2014-01-01 44380
2015-01-01 48611
2016-01-01 47345
2017-01-01 48092
2018-01-01 50982
2019-01-01 56044
2020-01-01 59164
2021-01-01 59224
2022-01-01 63913

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