Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Botetourt County, VA
Series ID MHICILBVA51023A052NCEN
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 1:53 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 28951
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 34657
1994-01-01 .
1995-01-01 38560
1996-01-01 .
1997-01-01 42276
1998-01-01 44604
1999-01-01 44928
2000-01-01 46807
2001-01-01 47228
2002-01-01 48825
2003-01-01 48902
2004-01-01 49964
2005-01-01 49177
2006-01-01 53850
2007-01-01 53635
2008-01-01 56819
2009-01-01 55483
2010-01-01 58941
2011-01-01 56686
2012-01-01 56122
2013-01-01 56641
2014-01-01 57554
2015-01-01 57636
2016-01-01 63240
2017-01-01 64027
2018-01-01 65962
2019-01-01 68147
2020-01-01 60467
2021-01-01 67909
2022-01-01 73592

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