Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cape May County, NJ

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Cape May County, NJ
Series ID MHICIUBNJ34009A052NCEN
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 3:12 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 28459
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34612
1994-01-01 .
1995-01-01 37701
1996-01-01 .
1997-01-01 39171
1998-01-01 39862
1999-01-01 40780
2000-01-01 43870
2001-01-01 43143
2002-01-01 44409
2003-01-01 44770
2004-01-01 47391
2005-01-01 52627
2006-01-01 51980
2007-01-01 53847
2008-01-01 58683
2009-01-01 52166
2010-01-01 54424
2011-01-01 54855
2012-01-01 57533
2013-01-01 59705
2014-01-01 58532
2015-01-01 58899
2016-01-01 63009
2017-01-01 67438
2018-01-01 67057
2019-01-01 71318
2020-01-01 80014
2021-01-01 79303
2022-01-01 85957
2023-01-01 86079

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