Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Franklin County, PA
Series ID MHICIUBPA42055A052NCEN
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 31454
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36555
1994-01-01 .
1995-01-01 38449
1996-01-01 .
1997-01-01 40900
1998-01-01 42403
1999-01-01 42369
2000-01-01 44814
2001-01-01 44135
2002-01-01 44739
2003-01-01 45747
2004-01-01 48375
2005-01-01 47186
2006-01-01 51669
2007-01-01 50202
2008-01-01 56432
2009-01-01 49926
2010-01-01 51432
2011-01-01 52438
2012-01-01 53883
2013-01-01 56192
2014-01-01 53288
2015-01-01 60669
2016-01-01 62853
2017-01-01 62733
2018-01-01 65395
2019-01-01 66499
2020-01-01 62014
2021-01-01 70778
2022-01-01 77243

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