Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Forest County, PA
Series ID MHICILBPA42053A052NCEN
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 16176
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18972
1994-01-01 .
1995-01-01 21699
1996-01-01 .
1997-01-01 22569
1998-01-01 23601
1999-01-01 25692
2000-01-01 26486
2001-01-01 25419
2002-01-01 26145
2003-01-01 27598
2004-01-01 27379
2005-01-01 28526
2006-01-01 31493
2007-01-01 27906
2008-01-01 32335
2009-01-01 30282
2010-01-01 32337
2011-01-01 30331
2012-01-01 31457
2013-01-01 35198
2014-01-01 34591
2015-01-01 34758
2016-01-01 35267
2017-01-01 36113
2018-01-01 38546
2019-01-01 36623
2020-01-01 35516
2021-01-01 41692
2022-01-01 38710

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