Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montour County, PA
Series ID MHICILBPA42093A052NCEN
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 1:53 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 26884
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31191
1994-01-01 .
1995-01-01 31587
1996-01-01 .
1997-01-01 32886
1998-01-01 33859
1999-01-01 34986
2000-01-01 36242
2001-01-01 36256
2002-01-01 37049
2003-01-01 38841
2004-01-01 40250
2005-01-01 43141
2006-01-01 40880
2007-01-01 42340
2008-01-01 42877
2009-01-01 42503
2010-01-01 43598
2011-01-01 44183
2012-01-01 48953
2013-01-01 50097
2014-01-01 49296
2015-01-01 52121
2016-01-01 50745
2017-01-01 58396
2018-01-01 54827
2019-01-01 58361
2020-01-01 56943
2021-01-01 60263
2022-01-01 69539

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