Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Providence County, RI
Series ID MHICILBRI44007A052NCEN
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 26396
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28832
1994-01-01 .
1995-01-01 29697
1996-01-01 .
1997-01-01 32160
1998-01-01 32566
1999-01-01 33008
2000-01-01 34779
2001-01-01 35001
2002-01-01 35416
2003-01-01 37144
2004-01-01 38627
2005-01-01 42360
2006-01-01 44333
2007-01-01 45889
2008-01-01 44968
2009-01-01 45873
2010-01-01 43823
2011-01-01 44438
2012-01-01 45929
2013-01-01 45696
2014-01-01 45298
2015-01-01 49047
2016-01-01 50173
2017-01-01 53668
2018-01-01 54396
2019-01-01 59916
2020-01-01 65282
2021-01-01 64332
2022-01-01 71651

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