Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Henrico County, VA
Series ID MHICILBVA51087A052NCEN
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 1:11 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 33656
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 37082
1994-01-01 .
1995-01-01 38297
1996-01-01 .
1997-01-01 41144
1998-01-01 44223
1999-01-01 44972
2000-01-01 46664
2001-01-01 46607
2002-01-01 47496
2003-01-01 48217
2004-01-01 49921
2005-01-01 52441
2006-01-01 55142
2007-01-01 55483
2008-01-01 59089
2009-01-01 55304
2010-01-01 55914
2011-01-01 55551
2012-01-01 55774
2013-01-01 58016
2014-01-01 60157
2015-01-01 62098
2016-01-01 63304
2017-01-01 64998
2018-01-01 65748
2019-01-01 65561
2020-01-01 76224
2021-01-01 75702
2022-01-01 78937

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