Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Union County, SC
Series ID MHICIUBSC45087A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 AM 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 24149
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26712
1994-01-01 .
1995-01-01 29480
1996-01-01 .
1997-01-01 31790
1998-01-01 32684
1999-01-01 32253
2000-01-01 34318
2001-01-01 33024
2002-01-01 32997
2003-01-01 33609
2004-01-01 34235
2005-01-01 36082
2006-01-01 35422
2007-01-01 38873
2008-01-01 37786
2009-01-01 35059
2010-01-01 36963
2011-01-01 36257
2012-01-01 35715
2013-01-01 36872
2014-01-01 40736
2015-01-01 38906
2016-01-01 41766
2017-01-01 44476
2018-01-01 44094
2019-01-01 47460
2020-01-01 52998
2021-01-01 48435
2022-01-01 51425
2023-01-01 42166

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