Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, MD
Series ID MHICIUBMD24031A052NCEN
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 54831
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 57749
1994-01-01 .
1995-01-01 62325
1996-01-01 .
1997-01-01 65012
1998-01-01 68557
1999-01-01 73052
2000-01-01 79614
2001-01-01 80236
2002-01-01 80583
2003-01-01 81032
2004-01-01 81246
2005-01-01 83898
2006-01-01 89356
2007-01-01 93505
2008-01-01 95924
2009-01-01 96041
2010-01-01 91269
2011-01-01 95046
2012-01-01 96590
2013-01-01 99709
2014-01-01 99502
2015-01-01 100739
2016-01-01 101269
2017-01-01 105370
2018-01-01 110269
2019-01-01 112775
2020-01-01 118208
2021-01-01 115778
2022-01-01 121371
2023-01-01 127422

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