Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Maryland

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Maryland
Series ID MHICILBMD24000A052NCEN
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 35109
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38275
1994-01-01 .
1995-01-01 40347
1996-01-01 41941
1997-01-01 43286
1998-01-01 45337
1999-01-01 48104
2000-01-01 50619
2001-01-01 51415
2002-01-01 51780
2003-01-01 52598
2004-01-01 55219
2005-01-01 60981
2006-01-01 64421
2007-01-01 67294
2008-01-01 69874
2009-01-01 68533
2010-01-01 68100
2011-01-01 69315
2012-01-01 70606
2013-01-01 71789
2014-01-01 73027
2015-01-01 75203
2016-01-01 78070
2017-01-01 80023
2018-01-01 82103
2019-01-01 85734
2020-01-01 87442
2021-01-01 89087
2022-01-01 93906
2023-01-01 97322

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