Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Allegany County, NY
Series ID MHICILBNY36003A052NCEN
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 21362
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25120
1994-01-01 .
1995-01-01 26494
1996-01-01 .
1997-01-01 28191
1998-01-01 29197
1999-01-01 29474
2000-01-01 30492
2001-01-01 29949
2002-01-01 30334
2003-01-01 30861
2004-01-01 31683
2005-01-01 34563
2006-01-01 35824
2007-01-01 35265
2008-01-01 38816
2009-01-01 36800
2010-01-01 39498
2011-01-01 37288
2012-01-01 38916
2013-01-01 39467
2014-01-01 39932
2015-01-01 41377
2016-01-01 42284
2017-01-01 44148
2018-01-01 43337
2019-01-01 46772
2020-01-01 49323
2021-01-01 51861
2022-01-01 51672

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