Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cecil County, MD
Series ID MHICILBMD24015A052NCEN
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 30896
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37140
1994-01-01 .
1995-01-01 38918
1996-01-01 .
1997-01-01 41607
1998-01-01 43975
1999-01-01 45027
2000-01-01 47046
2001-01-01 46915
2002-01-01 47945
2003-01-01 49682
2004-01-01 51775
2005-01-01 55087
2006-01-01 54383
2007-01-01 59203
2008-01-01 61940
2009-01-01 56810
2010-01-01 57900
2011-01-01 56732
2012-01-01 58039
2013-01-01 61156
2014-01-01 59010
2015-01-01 65554
2016-01-01 65460
2017-01-01 67218
2018-01-01 68173
2019-01-01 70274
2020-01-01 77386
2021-01-01 70339
2022-01-01 77963
2023-01-01 79787

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