Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nantucket County, MA
Series ID MHICILBMA25019A052NCEN
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 1:54 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 36469
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 39404
1994-01-01 .
1995-01-01 42401
1996-01-01 .
1997-01-01 45005
1998-01-01 46909
1999-01-01 48777
2000-01-01 51348
2001-01-01 51458
2002-01-01 51176
2003-01-01 51988
2004-01-01 54857
2005-01-01 56450
2006-01-01 56790
2007-01-01 60235
2008-01-01 63833
2009-01-01 61929
2010-01-01 61662
2011-01-01 61489
2012-01-01 64066
2013-01-01 64640
2014-01-01 75718
2015-01-01 79432
2016-01-01 73675
2017-01-01 84833
2018-01-01 88217
2019-01-01 84835
2020-01-01 80807
2021-01-01 102749
2022-01-01 94823

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