Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Buchanan County, VA
Series ID MHICILBVA51027A052NCEN
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 2:32 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 19922
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20307
1994-01-01 .
1995-01-01 20703
1996-01-01 .
1997-01-01 22657
1998-01-01 22262
1999-01-01 21487
2000-01-01 21967
2001-01-01 21613
2002-01-01 21967
2003-01-01 22809
2004-01-01 23838
2005-01-01 22949
2006-01-01 24254
2007-01-01 26009
2008-01-01 24459
2009-01-01 27472
2010-01-01 27284
2011-01-01 29425
2012-01-01 29736
2013-01-01 28987
2014-01-01 29249
2015-01-01 29143
2016-01-01 28514
2017-01-01 29398
2018-01-01 28956
2019-01-01 32781
2020-01-01 31821
2021-01-01 34111
2022-01-01 35366
2023-01-01 38681

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