Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Alleghany County, VA
Series ID MHICILBVA51005A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 to 2023-01-01
Last Updated 2024-12-20 2:02 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
1993-01-01 28556
1994-01-01 .
1995-01-01 29997
1996-01-01 .
1997-01-01 33674
1998-01-01 36060
1999-01-01 35596
2000-01-01 34284
2001-01-01 33337
2002-01-01 34063
2003-01-01 35034
2004-01-01 36107
2005-01-01 35958
2006-01-01 37081
2007-01-01 37396
2008-01-01 38827
2009-01-01 39362
2010-01-01 39128
2011-01-01 41164
2012-01-01 41939
2013-01-01 40797
2014-01-01 40773
2015-01-01 40829
2016-01-01 42292
2017-01-01 44586
2018-01-01 41900
2019-01-01 48681
2020-01-01 44279
2021-01-01 44695
2022-01-01 48502
2023-01-01 52896

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