Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Smith County, MS
Series ID MHICIUBMS28129A052NCEN
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 2:31 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 20361
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23979
1994-01-01 .
1995-01-01 28229
1996-01-01 .
1997-01-01 29512
1998-01-01 30890
1999-01-01 31289
2000-01-01 32887
2001-01-01 31792
2002-01-01 30364
2003-01-01 31310
2004-01-01 33801
2005-01-01 36710
2006-01-01 39282
2007-01-01 38495
2008-01-01 38793
2009-01-01 37854
2010-01-01 40203
2011-01-01 39942
2012-01-01 37805
2013-01-01 40208
2014-01-01 42932
2015-01-01 44813
2016-01-01 42600
2017-01-01 46462
2018-01-01 50953
2019-01-01 51943
2020-01-01 56388
2021-01-01 54170
2022-01-01 58168
2023-01-01 60700

Back to Top