Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Gloucester County, NJ
Series ID MHICIUBNJ34015A052NCEN
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 1:51 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 37858
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 45164
1994-01-01 .
1995-01-01 49655
1996-01-01 .
1997-01-01 52171
1998-01-01 53729
1999-01-01 55006
2000-01-01 58411
2001-01-01 57298
2002-01-01 59236
2003-01-01 60724
2004-01-01 63308
2005-01-01 66749
2006-01-01 69178
2007-01-01 72848
2008-01-01 73482
2009-01-01 72850
2010-01-01 72355
2011-01-01 74543
2012-01-01 75029
2013-01-01 73769
2014-01-01 81128
2015-01-01 79973
2016-01-01 82412
2017-01-01 88818
2018-01-01 85597
2019-01-01 92942
2020-01-01 94078
2021-01-01 97171
2022-01-01 101331

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