Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Richmond County, NY
Series ID MHICIUBNY36085A052NCEN
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 1:51 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 43370
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 46251
1994-01-01 .
1995-01-01 51325
1996-01-01 .
1997-01-01 54202
1998-01-01 54842
1999-01-01 54741
2000-01-01 58174
2001-01-01 55697
2002-01-01 56800
2003-01-01 57842
2004-01-01 60295
2005-01-01 64746
2006-01-01 69939
2007-01-01 68697
2008-01-01 75487
2009-01-01 68907
2010-01-01 71760
2011-01-01 72014
2012-01-01 72214
2013-01-01 71536
2014-01-01 72917
2015-01-01 73284
2016-01-01 79065
2017-01-01 80870
2018-01-01 83635
2019-01-01 90962
2020-01-01 85860
2021-01-01 89063
2022-01-01 95757

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