Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Washington County, RI
Series ID MHICIUBRI44009A052NCEN
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 37116
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42891
1994-01-01 .
1995-01-01 47199
1996-01-01 .
1997-01-01 50338
1998-01-01 53329
1999-01-01 55185
2000-01-01 58700
2001-01-01 57213
2002-01-01 59419
2003-01-01 60678
2004-01-01 63034
2005-01-01 64864
2006-01-01 68695
2007-01-01 70651
2008-01-01 75394
2009-01-01 71653
2010-01-01 71521
2011-01-01 71702
2012-01-01 72980
2013-01-01 73818
2014-01-01 74939
2015-01-01 76637
2016-01-01 81067
2017-01-01 84259
2018-01-01 91411
2019-01-01 93374
2020-01-01 89438
2021-01-01 94306
2022-01-01 105519

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