Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Harford County, MD
Series ID MHICILBMD24025A052NCEN
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 2:33 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 37791
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 43923
1994-01-01 .
1995-01-01 45983
1996-01-01 .
1997-01-01 49232
1998-01-01 51888
1999-01-01 52008
2000-01-01 55002
2001-01-01 55530
2002-01-01 57121
2003-01-01 58349
2004-01-01 60268
2005-01-01 62394
2006-01-01 66420
2007-01-01 69169
2008-01-01 74076
2009-01-01 71954
2010-01-01 68212
2011-01-01 73379
2012-01-01 72524
2013-01-01 74198
2014-01-01 76922
2015-01-01 74377
2016-01-01 80099
2017-01-01 77156
2018-01-01 84236
2019-01-01 86652
2020-01-01 97433
2021-01-01 91670
2022-01-01 94251
2023-01-01 100387

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