Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Charlottesville City, VA
Series ID MHICILBVA51540A052NCEN
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 1:11 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
1993-01-01 25547
1994-01-01 .
1995-01-01 26659
1996-01-01 .
1997-01-01 29331
1998-01-01 30826
1999-01-01 29436
2000-01-01 30321
2001-01-01 30768
2002-01-01 30350
2003-01-01 29320
2004-01-01 29158
2005-01-01 30305
2006-01-01 32315
2007-01-01 34681
2008-01-01 39562
2009-01-01 35427
2010-01-01 39135
2011-01-01 38047
2012-01-01 38035
2013-01-01 41673
2014-01-01 41320
2015-01-01 51365
2016-01-01 43424
2017-01-01 49329
2018-01-01 51592
2019-01-01 53053
2020-01-01 63189
2021-01-01 54011
2022-01-01 59512

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