Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for New York County, NY
Series ID MHICILBNY36061A052NCEN
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 26116
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30427
1994-01-01 .
1995-01-01 32635
1996-01-01 .
1997-01-01 36206
1998-01-01 39465
1999-01-01 40316
2000-01-01 41728
2001-01-01 40492
2002-01-01 40934
2003-01-01 41746
2004-01-01 43010
2005-01-01 54166
2006-01-01 58005
2007-01-01 61802
2008-01-01 66541
2009-01-01 66862
2010-01-01 61195
2011-01-01 64120
2012-01-01 65291
2013-01-01 69594
2014-01-01 73761
2015-01-01 72813
2016-01-01 74986
2017-01-01 81090
2018-01-01 81457
2019-01-01 90088
2020-01-01 83689
2021-01-01 82001
2022-01-01 91988

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