Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cumberland County, NJ
Series ID MHICILBNJ34011A052NCEN
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 25163
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29450
1994-01-01 .
1995-01-01 31191
1996-01-01 .
1997-01-01 31950
1998-01-01 33579
1999-01-01 34410
2000-01-01 35652
2001-01-01 34181
2002-01-01 34416
2003-01-01 35652
2004-01-01 36980
2005-01-01 41753
2006-01-01 42936
2007-01-01 43542
2008-01-01 47305
2009-01-01 45669
2010-01-01 47830
2011-01-01 46893
2012-01-01 44306
2013-01-01 43429
2014-01-01 43079
2015-01-01 47905
2016-01-01 44870
2017-01-01 48657
2018-01-01 47687
2019-01-01 50002
2020-01-01 56463
2021-01-01 53738
2022-01-01 57218

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