Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Maine

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Maine
Series ID MHICIUBME23000A052NCEN
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 27984
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29926
1994-01-01 .
1995-01-01 32819
1996-01-01 35054
1997-01-01 34817
1998-01-01 37261
1999-01-01 38300
2000-01-01 39271
2001-01-01 39450
2002-01-01 39628
2003-01-01 40692
2004-01-01 42668
2005-01-01 43490
2006-01-01 44176
2007-01-01 46497
2008-01-01 47269
2009-01-01 46551
2010-01-01 46722
2011-01-01 46915
2012-01-01 47691
2013-01-01 47856
2014-01-01 50396
2015-01-01 52241
2016-01-01 54162
2017-01-01 57064
2018-01-01 56791
2019-01-01 60418
2020-01-01 60771
2021-01-01 66042
2022-01-01 70898

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