Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Essex County, NY
Series ID MHICIUBNY36031A052NCEN
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 26130
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30357
1994-01-01 .
1995-01-01 33339
1996-01-01 .
1997-01-01 35141
1998-01-01 36181
1999-01-01 35827
2000-01-01 38258
2001-01-01 37128
2002-01-01 37537
2003-01-01 38168
2004-01-01 39708
2005-01-01 41678
2006-01-01 43623
2007-01-01 46719
2008-01-01 47652
2009-01-01 45964
2010-01-01 44830
2011-01-01 49144
2012-01-01 48956
2013-01-01 50251
2014-01-01 53697
2015-01-01 55426
2016-01-01 54327
2017-01-01 56089
2018-01-01 57367
2019-01-01 59821
2020-01-01 62827
2021-01-01 66939
2022-01-01 68090
2023-01-01 76021

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