Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Buckingham County, VA
Series ID MHICILBVA51029A052NCEN
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 16806
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20870
1994-01-01 .
1995-01-01 23747
1996-01-01 .
1997-01-01 24528
1998-01-01 26121
1999-01-01 27010
2000-01-01 28222
2001-01-01 27496
2002-01-01 27781
2003-01-01 28686
2004-01-01 29610
2005-01-01 30007
2006-01-01 32594
2007-01-01 32800
2008-01-01 34667
2009-01-01 32802
2010-01-01 34020
2011-01-01 33929
2012-01-01 31918
2013-01-01 35768
2014-01-01 34915
2015-01-01 40451
2016-01-01 38609
2017-01-01 37324
2018-01-01 41754
2019-01-01 41966
2020-01-01 42496
2021-01-01 49592
2022-01-01 50526

Subscribe to the FRED newsletter


Follow us

Back to Top