Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Rensselaer County, NY
Series ID MHICIUBNY36083A052NCEN
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 32042
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37744
1994-01-01 .
1995-01-01 39740
1996-01-01 .
1997-01-01 42486
1998-01-01 43507
1999-01-01 43660
2000-01-01 47294
2001-01-01 46248
2002-01-01 46893
2003-01-01 47006
2004-01-01 48224
2005-01-01 50229
2006-01-01 54367
2007-01-01 52790
2008-01-01 57435
2009-01-01 57576
2010-01-01 54124
2011-01-01 60239
2012-01-01 61542
2013-01-01 59601
2014-01-01 63165
2015-01-01 62725
2016-01-01 67271
2017-01-01 66641
2018-01-01 72799
2019-01-01 73801
2020-01-01 76586
2021-01-01 78913
2022-01-01 85704

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