Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Worcester County, MD
Series ID MHICILBMD24047A052NCEN
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 1:54 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 22780
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26417
1994-01-01 .
1995-01-01 27573
1996-01-01 .
1997-01-01 29921
1998-01-01 31690
1999-01-01 35578
2000-01-01 37613
2001-01-01 37243
2002-01-01 38017
2003-01-01 39677
2004-01-01 41001
2005-01-01 43813
2006-01-01 44358
2007-01-01 44745
2008-01-01 46925
2009-01-01 44151
2010-01-01 51985
2011-01-01 43819
2012-01-01 53330
2013-01-01 48856
2014-01-01 52438
2015-01-01 49849
2016-01-01 49224
2017-01-01 57293
2018-01-01 54849
2019-01-01 62033
2020-01-01 56821
2021-01-01 66383
2022-01-01 68854

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