Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rockland County, NY
Series ID MHICILBNY36087A052NCEN
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 44236
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 50520
1994-01-01 .
1995-01-01 53147
1996-01-01 .
1997-01-01 55302
1998-01-01 56768
1999-01-01 57977
2000-01-01 61002
2001-01-01 60240
2002-01-01 60521
2003-01-01 61079
2004-01-01 63696
2005-01-01 72690
2006-01-01 72819
2007-01-01 77074
2008-01-01 80750
2009-01-01 74558
2010-01-01 75376
2011-01-01 77627
2012-01-01 78675
2013-01-01 77488
2014-01-01 79386
2015-01-01 81203
2016-01-01 79635
2017-01-01 84326
2018-01-01 85406
2019-01-01 96783
2020-01-01 89939
2021-01-01 93899
2022-01-01 92772
2023-01-01 101817

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