Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Niagara County, NY
Series ID MHICIUBNY36063A052NCEN
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 1:09 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 29148
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33651
1994-01-01 .
1995-01-01 36622
1996-01-01 .
1997-01-01 39117
1998-01-01 39486
1999-01-01 39176
2000-01-01 41077
2001-01-01 39949
2002-01-01 40195
2003-01-01 41478
2004-01-01 42649
2005-01-01 45515
2006-01-01 45877
2007-01-01 45728
2008-01-01 47448
2009-01-01 44528
2010-01-01 46542
2011-01-01 47238
2012-01-01 50311
2013-01-01 49261
2014-01-01 51844
2015-01-01 51519
2016-01-01 52673
2017-01-01 56729
2018-01-01 57711
2019-01-01 59354
2020-01-01 59021
2021-01-01 64791
2022-01-01 66564

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