Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Allegany County, MD
Series ID MHICILBMD24001A052NCEN
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 20850
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22456
1994-01-01 .
1995-01-01 23596
1996-01-01 .
1997-01-01 25674
1998-01-01 26859
1999-01-01 28270
2000-01-01 29169
2001-01-01 28415
2002-01-01 29216
2003-01-01 30543
2004-01-01 31487
2005-01-01 31795
2006-01-01 32112
2007-01-01 34567
2008-01-01 36361
2009-01-01 34090
2010-01-01 34257
2011-01-01 35811
2012-01-01 36641
2013-01-01 37221
2014-01-01 37428
2015-01-01 36747
2016-01-01 42090
2017-01-01 40175
2018-01-01 40021
2019-01-01 44176
2020-01-01 50491
2021-01-01 45728
2022-01-01 45434
2023-01-01 49832

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