Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Washington County, VA
Series ID MHICILBVA51191A052NCEN
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 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
1993-01-01 23984
1994-01-01 .
1995-01-01 25949
1996-01-01 .
1997-01-01 28295
1998-01-01 30397
1999-01-01 30964
2000-01-01 32209
2001-01-01 31665
2002-01-01 32173
2003-01-01 33683
2004-01-01 34509
2005-01-01 36439
2006-01-01 34588
2007-01-01 36014
2008-01-01 38847
2009-01-01 37329
2010-01-01 36190
2011-01-01 37416
2012-01-01 39750
2013-01-01 39263
2014-01-01 40344
2015-01-01 42128
2016-01-01 40880
2017-01-01 46809
2018-01-01 41540
2019-01-01 47535
2020-01-01 48056
2021-01-01 49370
2022-01-01 56871
2023-01-01 52113

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