Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Worcester County, MA
Series ID MHICIUBMA25027A052NCEN
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 2:31 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 36864
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 39418
1994-01-01 .
1995-01-01 41200
1996-01-01 .
1997-01-01 43084
1998-01-01 43742
1999-01-01 44630
2000-01-01 49070
2001-01-01 50778
2002-01-01 52061
2003-01-01 52846
2004-01-01 54356
2005-01-01 57165
2006-01-01 60377
2007-01-01 63122
2008-01-01 68095
2009-01-01 64862
2010-01-01 62266
2011-01-01 61909
2012-01-01 63894
2013-01-01 64447
2014-01-01 66772
2015-01-01 67351
2016-01-01 71091
2017-01-01 72805
2018-01-01 73697
2019-01-01 80837
2020-01-01 81950
2021-01-01 86905
2022-01-01 88780
2023-01-01 96332

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