Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Litchfield County, CT
Series ID MHICIUBCT09005A052NCEN
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 2021-01-01
Last Updated 2022-12-21 9:57 AM 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 41391
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 46694
1994-01-01 .
1995-01-01 48925
1996-01-01 .
1997-01-01 53649
1998-01-01 56968
1999-01-01 57508
2000-01-01 60314
2001-01-01 60596
2002-01-01 61600
2003-01-01 61598
2004-01-01 63217
2005-01-01 66889
2006-01-01 68993
2007-01-01 71104
2008-01-01 70962
2009-01-01 70506
2010-01-01 69947
2011-01-01 71737
2012-01-01 70738
2013-01-01 73576
2014-01-01 75897
2015-01-01 74257
2016-01-01 80423
2017-01-01 81771
2018-01-01 79869
2019-01-01 84804
2020-01-01 85046
2021-01-01 88970

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