Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wise County, VA
Series ID MHICILBVA51195A052NCEN
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 1:54 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 20554
1994-01-01 .
1995-01-01 22441
1996-01-01 .
1997-01-01 23432
1998-01-01 24029
1999-01-01 24910
2000-01-01 25272
2001-01-01 24888
2002-01-01 25535
2003-01-01 26884
2004-01-01 28254
2005-01-01 27255
2006-01-01 29056
2007-01-01 29673
2008-01-01 30215
2009-01-01 31647
2010-01-01 33643
2011-01-01 33074
2012-01-01 33133
2013-01-01 34536
2014-01-01 36095
2015-01-01 32595
2016-01-01 31187
2017-01-01 34056
2018-01-01 34780
2019-01-01 38409
2020-01-01 35930
2021-01-01 39209
2022-01-01 40474

Subscribe to the FRED newsletter


Follow us

Back to Top