Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Erie County, NY
Series ID MHICIUBNY36029A052NCEN
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 2:31 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 27967
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32061
1994-01-01 .
1995-01-01 35799
1996-01-01 .
1997-01-01 39167
1998-01-01 40135
1999-01-01 40193
2000-01-01 41910
2001-01-01 41280
2002-01-01 41932
2003-01-01 43153
2004-01-01 44537
2005-01-01 43180
2006-01-01 43663
2007-01-01 46391
2008-01-01 49633
2009-01-01 48102
2010-01-01 47913
2011-01-01 48482
2012-01-01 51409
2013-01-01 52201
2014-01-01 51201
2015-01-01 53297
2016-01-01 55512
2017-01-01 56771
2018-01-01 57404
2019-01-01 61760
2020-01-01 62316
2021-01-01 64671
2022-01-01 71816
2023-01-01 72338

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