Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Georgia

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Georgia
Series ID MHICIUBGA13000A052NCEN
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 3:12 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 28515
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 32380
1994-01-01 .
1995-01-01 35102
1996-01-01 35532
1997-01-01 37964
1998-01-01 39592
1999-01-01 41289
2000-01-01 43915
2001-01-01 43515
2002-01-01 44169
2003-01-01 43945
2004-01-01 44141
2005-01-01 45987
2006-01-01 47198
2007-01-01 49553
2008-01-01 51240
2009-01-01 47877
2010-01-01 46712
2011-01-01 46334
2012-01-01 47500
2013-01-01 48376
2014-01-01 49772
2015-01-01 51594
2016-01-01 54158
2017-01-01 56679
2018-01-01 59328
2019-01-01 62383
2020-01-01 63572
2021-01-01 67212
2022-01-01 73376
2023-01-01 75341

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