Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Niagara County, NY
Series ID MHICILBNY36063A052NCEN
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 24941
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29445
1994-01-01 .
1995-01-01 30977
1996-01-01 .
1997-01-01 33303
1998-01-01 33696
1999-01-01 34548
2000-01-01 35607
2001-01-01 34958
2002-01-01 35168
2003-01-01 36709
2004-01-01 37737
2005-01-01 41325
2006-01-01 41778
2007-01-01 42400
2008-01-01 43642
2009-01-01 40632
2010-01-01 41470
2011-01-01 43344
2012-01-01 44785
2013-01-01 44243
2014-01-01 46704
2015-01-01 45515
2016-01-01 47983
2017-01-01 51905
2018-01-01 52315
2019-01-01 53388
2020-01-01 50905
2021-01-01 57345
2022-01-01 60566

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