Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, NY
Series ID MHICILBNY36057A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 21835
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25132
1994-01-01 .
1995-01-01 26683
1996-01-01 .
1997-01-01 27421
1998-01-01 28283
1999-01-01 29621
2000-01-01 30785
2001-01-01 30363
2002-01-01 31349
2003-01-01 32589
2004-01-01 33605
2005-01-01 35374
2006-01-01 36774
2007-01-01 38910
2008-01-01 38784
2009-01-01 36498
2010-01-01 37225
2011-01-01 38018
2012-01-01 39119
2013-01-01 41298
2014-01-01 37323
2015-01-01 41366
2016-01-01 39870
2017-01-01 43044
2018-01-01 39814
2019-01-01 47693
2020-01-01 46761
2021-01-01 51349
2022-01-01 53731
2023-01-01 55259

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