Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lancaster County, SC
Series ID MHICIUBSC45057A052NCEN
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 27403
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30430
1994-01-01 .
1995-01-01 33337
1996-01-01 .
1997-01-01 35602
1998-01-01 36542
1999-01-01 35671
2000-01-01 37600
2001-01-01 36157
2002-01-01 36026
2003-01-01 36519
2004-01-01 38172
2005-01-01 38837
2006-01-01 39976
2007-01-01 39410
2008-01-01 42932
2009-01-01 42484
2010-01-01 41254
2011-01-01 43755
2012-01-01 46474
2013-01-01 43785
2014-01-01 47968
2015-01-01 50769
2016-01-01 57874
2017-01-01 62663
2018-01-01 62965
2019-01-01 68290
2020-01-01 71273
2021-01-01 75441
2022-01-01 75853

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