Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Franklin County, ME
Series ID MHICIUBME23007A052NCEN
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 1:11 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 26001
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29421
1994-01-01 .
1995-01-01 31739
1996-01-01 .
1997-01-01 33789
1998-01-01 34713
1999-01-01 33131
2000-01-01 35146
2001-01-01 33974
2002-01-01 34844
2003-01-01 36187
2004-01-01 37045
2005-01-01 37942
2006-01-01 39130
2007-01-01 42967
2008-01-01 39244
2009-01-01 42993
2010-01-01 42154
2011-01-01 42713
2012-01-01 39403
2013-01-01 44032
2014-01-01 44171
2015-01-01 46235
2016-01-01 47670
2017-01-01 49663
2018-01-01 51907
2019-01-01 55667
2020-01-01 54857
2021-01-01 56654
2022-01-01 55925

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