Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Franklin County, NY
Series ID MHICILBNY36033A052NCEN
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 3:13 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 19179
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23173
1994-01-01 .
1995-01-01 24374
1996-01-01 .
1997-01-01 26131
1998-01-01 27447
1999-01-01 28755
2000-01-01 29792
2001-01-01 29209
2002-01-01 29681
2003-01-01 30594
2004-01-01 31846
2005-01-01 33741
2006-01-01 34412
2007-01-01 36512
2008-01-01 37425
2009-01-01 37645
2010-01-01 38046
2011-01-01 36898
2012-01-01 42583
2013-01-01 39331
2014-01-01 42313
2015-01-01 42226
2016-01-01 46477
2017-01-01 47553
2018-01-01 46093
2019-01-01 46035
2020-01-01 54812
2021-01-01 50801
2022-01-01 54570
2023-01-01 58200

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