Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Monroe County, NY
Series ID MHICILBNY36055A052NCEN
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 32659
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37418
1994-01-01 .
1995-01-01 38863
1996-01-01 .
1997-01-01 39380
1998-01-01 39336
1999-01-01 39492
2000-01-01 41025
2001-01-01 40729
2002-01-01 40867
2003-01-01 41978
2004-01-01 43847
2005-01-01 44583
2006-01-01 46324
2007-01-01 48861
2008-01-01 50710
2009-01-01 48944
2010-01-01 48147
2011-01-01 48819
2012-01-01 49467
2013-01-01 50553
2014-01-01 50069
2015-01-01 52336
2016-01-01 53027
2017-01-01 55883
2018-01-01 58654
2019-01-01 60568
2020-01-01 59084
2021-01-01 64323
2022-01-01 65824

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