Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cumberland County, ME
Series ID MHICILBME23005A052NCEN
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 30033
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33107
1994-01-01 .
1995-01-01 35640
1996-01-01 .
1997-01-01 38754
1998-01-01 39871
1999-01-01 40707
2000-01-01 40307
2001-01-01 40772
2002-01-01 42543
2003-01-01 45229
2004-01-01 47292
2005-01-01 47993
2006-01-01 50127
2007-01-01 52821
2008-01-01 51657
2009-01-01 50465
2010-01-01 54823
2011-01-01 52246
2012-01-01 53442
2013-01-01 52544
2014-01-01 59325
2015-01-01 60406
2016-01-01 63412
2017-01-01 67721
2018-01-01 68598
2019-01-01 72072
2020-01-01 72390
2021-01-01 77608
2022-01-01 85215

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