Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Kings County, NY
Series ID MHICIUBNY36047A052NCEN
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 23368
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25525
1994-01-01 .
1995-01-01 25728
1996-01-01 .
1997-01-01 28101
1998-01-01 29619
1999-01-01 30070
2000-01-01 31950
2001-01-01 31358
2002-01-01 31574
2003-01-01 32198
2004-01-01 33963
2005-01-01 38036
2006-01-01 40865
2007-01-01 41924
2008-01-01 44217
2009-01-01 43807
2010-01-01 42652
2011-01-01 43557
2012-01-01 45752
2013-01-01 47997
2014-01-01 48555
2015-01-01 51485
2016-01-01 55584
2017-01-01 57461
2018-01-01 61706
2019-01-01 67534
2020-01-01 71994
2021-01-01 68367
2022-01-01 74855
2023-01-01 77787

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