Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Dorchester County, MD
Series ID MHICILBMD24019A052NCEN
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 1:11 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 19418
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23834
1994-01-01 .
1995-01-01 24471
1996-01-01 .
1997-01-01 26241
1998-01-01 27184
1999-01-01 29699
2000-01-01 31496
2001-01-01 30934
2002-01-01 31230
2003-01-01 32589
2004-01-01 34164
2005-01-01 35863
2006-01-01 36116
2007-01-01 39128
2008-01-01 40339
2009-01-01 40071
2010-01-01 36406
2011-01-01 38492
2012-01-01 39279
2013-01-01 39218
2014-01-01 38187
2015-01-01 40795
2016-01-01 40549
2017-01-01 42696
2018-01-01 44251
2019-01-01 44144
2020-01-01 48700
2021-01-01 49967
2022-01-01 49292

Subscribe to the FRED newsletter


Follow us

Back to Top