Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lancaster County, VA
Series ID MHICILBVA51103A052NCEN
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 22037
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26142
1994-01-01 .
1995-01-01 28192
1996-01-01 .
1997-01-01 28984
1998-01-01 30986
1999-01-01 30961
2000-01-01 32567
2001-01-01 32026
2002-01-01 32848
2003-01-01 33880
2004-01-01 36099
2005-01-01 35061
2006-01-01 37266
2007-01-01 38405
2008-01-01 41357
2009-01-01 38962
2010-01-01 40418
2011-01-01 39232
2012-01-01 44432
2013-01-01 42506
2014-01-01 41280
2015-01-01 42335
2016-01-01 40646
2017-01-01 45565
2018-01-01 47403
2019-01-01 49245
2020-01-01 46925
2021-01-01 52932
2022-01-01 53295

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