Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Essex County, MA
Series ID MHICILBMA25009A052NCEN
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 2:33 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 35313
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38338
1994-01-01 .
1995-01-01 39254
1996-01-01 .
1997-01-01 41644
1998-01-01 42397
1999-01-01 44010
2000-01-01 45898
2001-01-01 46867
2002-01-01 46812
2003-01-01 47971
2004-01-01 49194
2005-01-01 54909
2006-01-01 57781
2007-01-01 59945
2008-01-01 63118
2009-01-01 60849
2010-01-01 60029
2011-01-01 61975
2012-01-01 65725
2013-01-01 65664
2014-01-01 68522
2015-01-01 65879
2016-01-01 71264
2017-01-01 73587
2018-01-01 74030
2019-01-01 80465
2020-01-01 85281
2021-01-01 84822
2022-01-01 89298
2023-01-01 92936

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