Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Schenectady County, NY
Series ID MHICIUBNY36093A052NCEN
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 32334
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38002
1994-01-01 .
1995-01-01 40683
1996-01-01 .
1997-01-01 44011
1998-01-01 44894
1999-01-01 43527
2000-01-01 46160
2001-01-01 45215
2002-01-01 46274
2003-01-01 46174
2004-01-01 47659
2005-01-01 47547
2006-01-01 52987
2007-01-01 56550
2008-01-01 55830
2009-01-01 55526
2010-01-01 54307
2011-01-01 54983
2012-01-01 58089
2013-01-01 56780
2014-01-01 59877
2015-01-01 62433
2016-01-01 61757
2017-01-01 64579
2018-01-01 67213
2019-01-01 69015
2020-01-01 70286
2021-01-01 77343
2022-01-01 78367

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