Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for New Kent County, VA
Series ID MHICILBVA51127A052NCEN
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 33366
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 41132
1994-01-01 .
1995-01-01 43033
1996-01-01 .
1997-01-01 46697
1998-01-01 49335
1999-01-01 49535
2000-01-01 51164
2001-01-01 51432
2002-01-01 52915
2003-01-01 54611
2004-01-01 57209
2005-01-01 56100
2006-01-01 62067
2007-01-01 61858
2008-01-01 65395
2009-01-01 63629
2010-01-01 62667
2011-01-01 63815
2012-01-01 64731
2013-01-01 65101
2014-01-01 65542
2015-01-01 71445
2016-01-01 76232
2017-01-01 80501
2018-01-01 80945
2019-01-01 93445
2020-01-01 106051
2021-01-01 90918
2022-01-01 102540
2023-01-01 101791

Subscribe to the FRED newsletter


Follow us

Back to Top