Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Seneca County, NY
Series ID MHICILBNY36099A052NCEN
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 3:13 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 25564
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29491
1994-01-01 .
1995-01-01 29803
1996-01-01 .
1997-01-01 32570
1998-01-01 32997
1999-01-01 33616
2000-01-01 34814
2001-01-01 34212
2002-01-01 34318
2003-01-01 35521
2004-01-01 36277
2005-01-01 39103
2006-01-01 39028
2007-01-01 41279
2008-01-01 42791
2009-01-01 40997
2010-01-01 42960
2011-01-01 43066
2012-01-01 43483
2013-01-01 42355
2014-01-01 46558
2015-01-01 47433
2016-01-01 45958
2017-01-01 51803
2018-01-01 50691
2019-01-01 47746
2020-01-01 49952
2021-01-01 57959
2022-01-01 62722
2023-01-01 53443

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