Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hampshire County, MA
Series ID MHICIUBMA25015A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 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 34818
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38737
1994-01-01 .
1995-01-01 42220
1996-01-01 .
1997-01-01 45205
1998-01-01 47380
1999-01-01 46731
2000-01-01 50858
2001-01-01 49368
2002-01-01 49664
2003-01-01 49746
2004-01-01 51414
2005-01-01 52433
2006-01-01 54394
2007-01-01 58912
2008-01-01 65257
2009-01-01 59269
2010-01-01 60441
2011-01-01 57396
2012-01-01 61411
2013-01-01 66063
2014-01-01 61786
2015-01-01 64234
2016-01-01 68662
2017-01-01 71790
2018-01-01 78535
2019-01-01 77973
2020-01-01 77964
2021-01-01 82146
2022-01-01 85971
2023-01-01 86814

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