Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Penobscot County, ME
Series ID MHICILBME23019A052NCEN
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 25082
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27267
1994-01-01 .
1995-01-01 28168
1996-01-01 .
1997-01-01 30787
1998-01-01 32179
1999-01-01 32304
2000-01-01 33840
2001-01-01 32751
2002-01-01 33246
2003-01-01 34566
2004-01-01 35605
2005-01-01 38885
2006-01-01 37215
2007-01-01 39780
2008-01-01 40686
2009-01-01 38123
2010-01-01 40046
2011-01-01 38672
2012-01-01 40088
2013-01-01 41327
2014-01-01 40211
2015-01-01 41280
2016-01-01 44570
2017-01-01 47559
2018-01-01 44641
2019-01-01 47883
2020-01-01 48860
2021-01-01 53838
2022-01-01 57424

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