Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for James City County, VA
Series ID MHICILBVA51095A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 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
1993-01-01 40452
1994-01-01 .
1995-01-01 44614
1996-01-01 .
1997-01-01 48305
1998-01-01 50877
1999-01-01 52676
2000-01-01 54093
2001-01-01 53493
2002-01-01 55470
2003-01-01 58411
2004-01-01 61971
2005-01-01 61363
2006-01-01 62866
2007-01-01 67044
2008-01-01 71972
2009-01-01 68275
2010-01-01 70104
2011-01-01 67693
2012-01-01 73966
2013-01-01 70456
2014-01-01 69820
2015-01-01 71981
2016-01-01 78446
2017-01-01 83397
2018-01-01 79943
2019-01-01 86782
2020-01-01 77885
2021-01-01 84968
2022-01-01 93177

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