Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Gloucester County, VA
Series ID MHICILBVA51073A052NCEN
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 28275
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 33546
1994-01-01 .
1995-01-01 35116
1996-01-01 .
1997-01-01 36771
1998-01-01 39284
1999-01-01 40811
2000-01-01 42877
2001-01-01 42657
2002-01-01 43209
2003-01-01 44376
2004-01-01 45830
2005-01-01 45233
2006-01-01 48872
2007-01-01 52887
2008-01-01 52231
2009-01-01 51610
2010-01-01 54276
2011-01-01 52879
2012-01-01 52363
2013-01-01 54785
2014-01-01 54188
2015-01-01 59008
2016-01-01 60412
2017-01-01 59641
2018-01-01 64888
2019-01-01 64614
2020-01-01 64729
2021-01-01 69069
2022-01-01 68602

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