Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Allegany County, MD
Series ID MHICIUBMD24001A052NCEN
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 25396
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27033
1994-01-01 .
1995-01-01 29818
1996-01-01 .
1997-01-01 31897
1998-01-01 33014
1999-01-01 32290
2000-01-01 33952
2001-01-01 32686
2002-01-01 33655
2003-01-01 34711
2004-01-01 35757
2005-01-01 35491
2006-01-01 36855
2007-01-01 39775
2008-01-01 41750
2009-01-01 40213
2010-01-01 39909
2011-01-01 41197
2012-01-01 40699
2013-01-01 42767
2014-01-01 42188
2015-01-01 42971
2016-01-01 47326
2017-01-01 44953
2018-01-01 47049
2019-01-01 52164
2020-01-01 55555
2021-01-01 52744
2022-01-01 55730
2023-01-01 59686

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