Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Ocean County, NJ
Series ID MHICIUBNJ34029A052NCEN
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 31089
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36425
1994-01-01 .
1995-01-01 42970
1996-01-01 .
1997-01-01 44795
1998-01-01 46103
1999-01-01 47172
2000-01-01 50245
2001-01-01 49089
2002-01-01 49756
2003-01-01 51215
2004-01-01 54141
2005-01-01 53563
2006-01-01 56400
2007-01-01 57687
2008-01-01 61511
2009-01-01 61151
2010-01-01 58816
2011-01-01 58683
2012-01-01 61060
2013-01-01 61972
2014-01-01 65313
2015-01-01 65411
2016-01-01 63903
2017-01-01 72808
2018-01-01 70332
2019-01-01 78284
2020-01-01 81898
2021-01-01 77939
2022-01-01 84241

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