Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Oxford County, ME
Series ID MHICIUBME23017A052NCEN
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 25566
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29220
1994-01-01 .
1995-01-01 31849
1996-01-01 .
1997-01-01 33670
1998-01-01 33990
1999-01-01 34140
2000-01-01 36629
2001-01-01 35637
2002-01-01 36033
2003-01-01 37469
2004-01-01 38252
2005-01-01 40794
2006-01-01 37893
2007-01-01 41210
2008-01-01 44687
2009-01-01 42007
2010-01-01 41400
2011-01-01 40509
2012-01-01 43712
2013-01-01 41754
2014-01-01 43369
2015-01-01 46007
2016-01-01 48100
2017-01-01 53264
2018-01-01 48122
2019-01-01 54707
2020-01-01 52788
2021-01-01 55597
2022-01-01 64831

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