Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Otsego County, NY
Series ID MHICIUBNY36077A052NCEN
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 26291
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30674
1994-01-01 .
1995-01-01 33207
1996-01-01 .
1997-01-01 35540
1998-01-01 36459
1999-01-01 35043
2000-01-01 36939
2001-01-01 35942
2002-01-01 36342
2003-01-01 36563
2004-01-01 38772
2005-01-01 41681
2006-01-01 44281
2007-01-01 44870
2008-01-01 43542
2009-01-01 43807
2010-01-01 45917
2011-01-01 46669
2012-01-01 49739
2013-01-01 50297
2014-01-01 45546
2015-01-01 50973
2016-01-01 52176
2017-01-01 55596
2018-01-01 56846
2019-01-01 57396
2020-01-01 63093
2021-01-01 65924
2022-01-01 71977
2023-01-01 69184

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