Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Scott County, MS

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Scott County, MS
Series ID MHICILBMS28123A052NCEN
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 3:13 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 14399
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17690
1994-01-01 .
1995-01-01 19291
1996-01-01 .
1997-01-01 20666
1998-01-01 22266
1999-01-01 24244
2000-01-01 25151
2001-01-01 24875
2002-01-01 24535
2003-01-01 25798
2004-01-01 26459
2005-01-01 26431
2006-01-01 27143
2007-01-01 29407
2008-01-01 28901
2009-01-01 26532
2010-01-01 29778
2011-01-01 29052
2012-01-01 30597
2013-01-01 29506
2014-01-01 28969
2015-01-01 31234
2016-01-01 31148
2017-01-01 33576
2018-01-01 33830
2019-01-01 37314
2020-01-01 35741
2021-01-01 36431
2022-01-01 40296
2023-01-01 43692

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