Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Kennebec County, ME
Series ID MHICILBME23011A052NCEN
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 25792
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30667
1994-01-01 .
1995-01-01 30687
1996-01-01 .
1997-01-01 32698
1998-01-01 33728
1999-01-01 33728
2000-01-01 34676
2001-01-01 34334
2002-01-01 34673
2003-01-01 36350
2004-01-01 37016
2005-01-01 39740
2006-01-01 40294
2007-01-01 41028
2008-01-01 42411
2009-01-01 42074
2010-01-01 41905
2011-01-01 41170
2012-01-01 43465
2013-01-01 42296
2014-01-01 42074
2015-01-01 47733
2016-01-01 48034
2017-01-01 48190
2018-01-01 48472
2019-01-01 52235
2020-01-01 48422
2021-01-01 56419
2022-01-01 58596

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