Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Caroline County, MD
Series ID MHICIUBMD24011A052NCEN
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 1:52 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 26794
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32160
1994-01-01 .
1995-01-01 33951
1996-01-01 .
1997-01-01 36008
1998-01-01 37259
1999-01-01 38588
2000-01-01 41598
2001-01-01 40603
2002-01-01 40846
2003-01-01 41828
2004-01-01 44109
2005-01-01 48029
2006-01-01 49174
2007-01-01 52699
2008-01-01 58795
2009-01-01 53340
2010-01-01 58445
2011-01-01 55022
2012-01-01 51288
2013-01-01 49802
2014-01-01 52569
2015-01-01 55551
2016-01-01 52743
2017-01-01 60929
2018-01-01 61937
2019-01-01 66007
2020-01-01 68016
2021-01-01 67964
2022-01-01 72723

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