Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Charlotte County, VA
Series ID MHICILBVA51037A052NCEN
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 16669
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19411
1994-01-01 .
1995-01-01 21771
1996-01-01 .
1997-01-01 23314
1998-01-01 24479
1999-01-01 26398
2000-01-01 27740
2001-01-01 27130
2002-01-01 27635
2003-01-01 28410
2004-01-01 28810
2005-01-01 29108
2006-01-01 29418
2007-01-01 30926
2008-01-01 30857
2009-01-01 30011
2010-01-01 30938
2011-01-01 32276
2012-01-01 29998
2013-01-01 32376
2014-01-01 33072
2015-01-01 33980
2016-01-01 34461
2017-01-01 36621
2018-01-01 37104
2019-01-01 37820
2020-01-01 38064
2021-01-01 43510
2022-01-01 43931

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