Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Newberry County, SC
Series ID MHICIUBSC45071A052NCEN
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 24610
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28127
1994-01-01 .
1995-01-01 31314
1996-01-01 .
1997-01-01 33697
1998-01-01 34301
1999-01-01 33793
2000-01-01 35920
2001-01-01 34576
2002-01-01 34519
2003-01-01 35363
2004-01-01 36126
2005-01-01 38424
2006-01-01 40987
2007-01-01 42987
2008-01-01 46408
2009-01-01 40582
2010-01-01 42486
2011-01-01 41704
2012-01-01 42191
2013-01-01 40485
2014-01-01 45723
2015-01-01 44808
2016-01-01 46060
2017-01-01 46544
2018-01-01 51590
2019-01-01 54940
2020-01-01 57809
2021-01-01 62276
2022-01-01 60964

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