Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Prince George's County, MD

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Prince George's County, MD
Series ID MHICILBMD24033A052NCEN
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 38508
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42600
1994-01-01 .
1995-01-01 42589
1996-01-01 .
1997-01-01 44961
1998-01-01 47120
1999-01-01 47630
2000-01-01 50784
2001-01-01 50351
2002-01-01 49489
2003-01-01 50867
2004-01-01 52219
2005-01-01 61346
2006-01-01 64338
2007-01-01 65466
2008-01-01 69952
2009-01-01 67989
2010-01-01 67915
2011-01-01 68203
2012-01-01 67425
2013-01-01 70302
2014-01-01 70457
2015-01-01 75162
2016-01-01 77173
2017-01-01 79487
2018-01-01 80750
2019-01-01 82987
2020-01-01 82855
2021-01-01 87733
2022-01-01 91548
2023-01-01 94534

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