Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Bland County, VA
Series ID MHICILBVA51021A052NCEN
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 21246
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24977
1994-01-01 .
1995-01-01 26156
1996-01-01 .
1997-01-01 29081
1998-01-01 30069
1999-01-01 29081
2000-01-01 29492
2001-01-01 29155
2002-01-01 29857
2003-01-01 30692
2004-01-01 31863
2005-01-01 31873
2006-01-01 32888
2007-01-01 34397
2008-01-01 36060
2009-01-01 35423
2010-01-01 36312
2011-01-01 37408
2012-01-01 38831
2013-01-01 37920
2014-01-01 38154
2015-01-01 40232
2016-01-01 40043
2017-01-01 40785
2018-01-01 42831
2019-01-01 43280
2020-01-01 49216
2021-01-01 44587
2022-01-01 49404
2023-01-01 50468

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