Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Albany County, WY
Series ID MHICIUBWY56001A052NCEN
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 2:31 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 25351
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28771
1994-01-01 .
1995-01-01 31342
1996-01-01 .
1997-01-01 35368
1998-01-01 37206
1999-01-01 33393
2000-01-01 34781
2001-01-01 33913
2002-01-01 34557
2003-01-01 36128
2004-01-01 36906
2005-01-01 37457
2006-01-01 37881
2007-01-01 45072
2008-01-01 47340
2009-01-01 44404
2010-01-01 43822
2011-01-01 47944
2012-01-01 42935
2013-01-01 46052
2014-01-01 45319
2015-01-01 47628
2016-01-01 51220
2017-01-01 49291
2018-01-01 52229
2019-01-01 57282
2020-01-01 66540
2021-01-01 58924
2022-01-01 57841
2023-01-01 67103

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