Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Warren County, NJ
Series ID MHICILBNJ34041A052NCEN
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 34866
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42007
1994-01-01 .
1995-01-01 44036
1996-01-01 .
1997-01-01 46906
1998-01-01 50311
1999-01-01 50430
2000-01-01 53181
2001-01-01 52477
2002-01-01 53844
2003-01-01 55411
2004-01-01 57542
2005-01-01 59055
2006-01-01 59645
2007-01-01 62625
2008-01-01 71152
2009-01-01 66126
2010-01-01 65468
2011-01-01 62653
2012-01-01 67575
2013-01-01 63231
2014-01-01 68242
2015-01-01 66720
2016-01-01 70851
2017-01-01 75434
2018-01-01 72783
2019-01-01 80354
2020-01-01 77266
2021-01-01 75687
2022-01-01 93639

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