Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Nelson County, VA
Series ID MHICILBVA51125A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 19783
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24326
1994-01-01 .
1995-01-01 26480
1996-01-01 .
1997-01-01 28732
1998-01-01 30886
1999-01-01 33273
2000-01-01 34867
2001-01-01 34628
2002-01-01 35043
2003-01-01 36381
2004-01-01 37579
2005-01-01 37080
2006-01-01 39205
2007-01-01 42594
2008-01-01 41434
2009-01-01 40585
2010-01-01 43103
2011-01-01 41417
2012-01-01 42785
2013-01-01 42091
2014-01-01 43132
2015-01-01 45201
2016-01-01 50128
2017-01-01 48634
2018-01-01 50984
2019-01-01 49412
2020-01-01 52549
2021-01-01 54065
2022-01-01 58714
2023-01-01 70922

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