Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Chester County, PA
Series ID MHICIUBPA42029A052NCEN
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 2:05 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 43068
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 49949
1994-01-01 .
1995-01-01 57743
1996-01-01 .
1997-01-01 62563
1998-01-01 63489
1999-01-01 66784
2000-01-01 70937
2001-01-01 70690
2002-01-01 72329
2003-01-01 72213
2004-01-01 74189
2005-01-01 75041
2006-01-01 79818
2007-01-01 84935
2008-01-01 87486
2009-01-01 84067
2010-01-01 86259
2011-01-01 82996
2012-01-01 85540
2013-01-01 86949
2014-01-01 88821
2015-01-01 92844
2016-01-01 95187
2017-01-01 100010
2018-01-01 102463
2019-01-01 105865
2020-01-01 112674
2021-01-01 112756
2022-01-01 121685
2023-01-01 123930

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