Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Oneida County, NY
Series ID MHICILBNY36065A052NCEN
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 24370
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27966
1994-01-01 .
1995-01-01 29883
1996-01-01 .
1997-01-01 31813
1998-01-01 32565
1999-01-01 33116
2000-01-01 34323
2001-01-01 33342
2002-01-01 33440
2003-01-01 34108
2004-01-01 35119
2005-01-01 35635
2006-01-01 38914
2007-01-01 42015
2008-01-01 43463
2009-01-01 43510
2010-01-01 44504
2011-01-01 43733
2012-01-01 43738
2013-01-01 41508
2014-01-01 46468
2015-01-01 44380
2016-01-01 50678
2017-01-01 51158
2018-01-01 52040
2019-01-01 53369
2020-01-01 55221
2021-01-01 56994
2022-01-01 60567

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