Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Litchfield County, CT

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Litchfield County, CT
Series ID MHICILBCT09005A052NCEN
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 2021-01-01
Last Updated 2022-12-21 10:00 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 37059
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42234
1994-01-01 .
1995-01-01 43073
1996-01-01 .
1997-01-01 47512
1998-01-01 50943
1999-01-01 50602
2000-01-01 52394
2001-01-01 53254
2002-01-01 54118
2003-01-01 54668
2004-01-01 56089
2005-01-01 60849
2006-01-01 63233
2007-01-01 65179
2008-01-01 64078
2009-01-01 64871
2010-01-01 62205
2011-01-01 65579
2012-01-01 64754
2013-01-01 67462
2014-01-01 70929
2015-01-01 67437
2016-01-01 72223
2017-01-01 74165
2018-01-01 72739
2019-01-01 77226
2020-01-01 73978
2021-01-01 80408

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