Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Berkshire County, MA
Series ID MHICIUBMA25003A052NCEN
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 1:52 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 31937
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34873
1994-01-01 .
1995-01-01 37269
1996-01-01 .
1997-01-01 40241
1998-01-01 40982
1999-01-01 40125
2000-01-01 42498
2001-01-01 41650
2002-01-01 42496
2003-01-01 42882
2004-01-01 44230
2005-01-01 48449
2006-01-01 49162
2007-01-01 49487
2008-01-01 48473
2009-01-01 47195
2010-01-01 47431
2011-01-01 46234
2012-01-01 49078
2013-01-01 53719
2014-01-01 52840
2015-01-01 53923
2016-01-01 59568
2017-01-01 59598
2018-01-01 62528
2019-01-01 62027
2020-01-01 70897
2021-01-01 63458
2022-01-01 76595

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