Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, AL

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, AL
Series ID MHICIUBAL01101A052NCEN
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 27633
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31979
1994-01-01 .
1995-01-01 34345
1996-01-01 .
1997-01-01 37506
1998-01-01 38921
1999-01-01 37554
2000-01-01 39651
2001-01-01 38362
2002-01-01 37819
2003-01-01 37815
2004-01-01 37926
2005-01-01 41754
2006-01-01 42639
2007-01-01 43110
2008-01-01 45478
2009-01-01 43287
2010-01-01 43225
2011-01-01 45209
2012-01-01 43228
2013-01-01 45875
2014-01-01 45656
2015-01-01 44645
2016-01-01 47955
2017-01-01 48461
2018-01-01 51460
2019-01-01 54556
2020-01-01 52760
2021-01-01 53610
2022-01-01 60440

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