Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Talbot County, MD
Series ID MHICIUBMD24041A052NCEN
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 1:11 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 32116
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36553
1994-01-01 .
1995-01-01 40646
1996-01-01 .
1997-01-01 42719
1998-01-01 45319
1999-01-01 45788
2000-01-01 48645
2001-01-01 48475
2002-01-01 49978
2003-01-01 51244
2004-01-01 52830
2005-01-01 56053
2006-01-01 58049
2007-01-01 60475
2008-01-01 66115
2009-01-01 63559
2010-01-01 60754
2011-01-01 60074
2012-01-01 65585
2013-01-01 62701
2014-01-01 59144
2015-01-01 67122
2016-01-01 67373
2017-01-01 75853
2018-01-01 70466
2019-01-01 80483
2020-01-01 77533
2021-01-01 85677
2022-01-01 84291

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