Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Potter County, PA
Series ID MHICILBPA42105A052NCEN
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 1:12 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 19339
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22823
1994-01-01 .
1995-01-01 25000
1996-01-01 .
1997-01-01 27454
1998-01-01 29673
1999-01-01 30668
2000-01-01 31935
2001-01-01 31523
2002-01-01 32314
2003-01-01 32921
2004-01-01 33856
2005-01-01 31643
2006-01-01 36429
2007-01-01 34506
2008-01-01 33441
2009-01-01 34004
2010-01-01 37399
2011-01-01 38181
2012-01-01 39720
2013-01-01 36054
2014-01-01 36908
2015-01-01 38248
2016-01-01 40443
2017-01-01 38371
2018-01-01 41201
2019-01-01 45263
2020-01-01 44922
2021-01-01 46377
2022-01-01 49592

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