Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Erie County, NY
Series ID MHICILBNY36029A052NCEN
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 24475
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28526
1994-01-01 .
1995-01-01 31296
1996-01-01 .
1997-01-01 34241
1998-01-01 35134
1999-01-01 35866
2000-01-01 37003
2001-01-01 36671
2002-01-01 37213
2003-01-01 38630
2004-01-01 39839
2005-01-01 40833
2006-01-01 41508
2007-01-01 43867
2008-01-01 47221
2009-01-01 45377
2010-01-01 45633
2011-01-01 46528
2012-01-01 49331
2013-01-01 50045
2014-01-01 49067
2015-01-01 51055
2016-01-01 52838
2017-01-01 54391
2018-01-01 55346
2019-01-01 59480
2020-01-01 56852
2021-01-01 61357
2022-01-01 67960

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