Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hanover County, VA
Series ID MHICILBVA51085A052NCEN
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 36241
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 43165
1994-01-01 .
1995-01-01 46804
1996-01-01 .
1997-01-01 50449
1998-01-01 54174
1999-01-01 54396
2000-01-01 56159
2001-01-01 56864
2002-01-01 59321
2003-01-01 61401
2004-01-01 63791
2005-01-01 67349
2006-01-01 65833
2007-01-01 70186
2008-01-01 74128
2009-01-01 69351
2010-01-01 68555
2011-01-01 66071
2012-01-01 70397
2013-01-01 72094
2014-01-01 76814
2015-01-01 78598
2016-01-01 79099
2017-01-01 86108
2018-01-01 86709
2019-01-01 84965
2020-01-01 91396
2021-01-01 89849
2022-01-01 97138

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