Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Aleutians West Census Area, AK

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Aleutians West Census Area, AK
Series ID MHICIUBAK02016A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 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
1993-01-01 47185
1994-01-01 .
1995-01-01 43367
1996-01-01 .
1997-01-01 47952
1998-01-01 49001
1999-01-01 55805
2000-01-01 61417
2001-01-01 56097
2002-01-01 54090
2003-01-01 54174
2004-01-01 54455
2005-01-01 64867
2006-01-01 68912
2007-01-01 67195
2008-01-01 68076
2009-01-01 63436
2010-01-01 63894
2011-01-01 65145
2012-01-01 73729
2013-01-01 79000
2014-01-01 74096
2015-01-01 86027
2016-01-01 85475
2017-01-01 85824
2018-01-01 88906
2019-01-01 94038
2020-01-01 104475
2021-01-01 97167
2022-01-01 119524

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