Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Van Wert County, OH

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Van Wert County, OH
Series ID MHICILBOH39161A052NCEN
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 26018
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30506
1994-01-01 .
1995-01-01 31164
1996-01-01 .
1997-01-01 34220
1998-01-01 35588
1999-01-01 36266
2000-01-01 37706
2001-01-01 37097
2002-01-01 36642
2003-01-01 37709
2004-01-01 39700
2005-01-01 41251
2006-01-01 39804
2007-01-01 39617
2008-01-01 43381
2009-01-01 38965
2010-01-01 41021
2011-01-01 42843
2012-01-01 41847
2013-01-01 43806
2014-01-01 45344
2015-01-01 47140
2016-01-01 49439
2017-01-01 45004
2018-01-01 49999
2019-01-01 51350
2020-01-01 50149
2021-01-01 57617
2022-01-01 54213
2023-01-01 56023

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