Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Norfolk County, MA
Series ID MHICIUBMA25021A052NCEN
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 12:51 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 45571
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 50494
1994-01-01 .
1995-01-01 56624
1996-01-01 .
1997-01-01 57232
1998-01-01 59494
1999-01-01 63237
2000-01-01 69024
2001-01-01 68844
2002-01-01 69450
2003-01-01 68446
2004-01-01 71059
2005-01-01 73224
2006-01-01 75455
2007-01-01 81016
2008-01-01 83897
2009-01-01 82135
2010-01-01 82442
2011-01-01 83809
2012-01-01 82535
2013-01-01 87046
2014-01-01 92420
2015-01-01 96421
2016-01-01 95113
2017-01-01 102215
2018-01-01 102760
2019-01-01 110489
2020-01-01 109987
2021-01-01 118108
2022-01-01 120208

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