Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Cumberland County, VA
Series ID MHICILBVA51049A052NCEN
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 17176
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20596
1994-01-01 .
1995-01-01 22187
1996-01-01 .
1997-01-01 25043
1998-01-01 26723
1999-01-01 28978
2000-01-01 30706
2001-01-01 30285
2002-01-01 30487
2003-01-01 31641
2004-01-01 32385
2005-01-01 31267
2006-01-01 33280
2007-01-01 35239
2008-01-01 36050
2009-01-01 35103
2010-01-01 35691
2011-01-01 36130
2012-01-01 33804
2013-01-01 38702
2014-01-01 37071
2015-01-01 36693
2016-01-01 38140
2017-01-01 39843
2018-01-01 41762
2019-01-01 47916
2020-01-01 43017
2021-01-01 45767
2022-01-01 49600
2023-01-01 48743

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