Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Kennebec County, ME
Series ID MHICIUBME23011A052NCEN
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 29902
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34873
1994-01-01 .
1995-01-01 36254
1996-01-01 .
1997-01-01 38404
1998-01-01 39403
1999-01-01 38192
2000-01-01 39751
2001-01-01 38951
2002-01-01 39340
2003-01-01 40792
2004-01-01 41510
2005-01-01 45284
2006-01-01 46147
2007-01-01 46799
2008-01-01 48611
2009-01-01 47262
2010-01-01 47545
2011-01-01 47712
2012-01-01 48093
2013-01-01 48006
2014-01-01 49038
2015-01-01 53083
2016-01-01 53992
2017-01-01 56340
2018-01-01 55836
2019-01-01 58481
2020-01-01 59330
2021-01-01 64479
2022-01-01 67786

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