Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Chesapeake City, VA
Series ID MHICILBVA51550A052NCEN
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 2022-01-01
Last Updated 2023-12-14 1:53 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
1989-01-01 32070
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 38549
1994-01-01 .
1995-01-01 41146
1996-01-01 .
1997-01-01 42354
1998-01-01 44888
1999-01-01 45440
2000-01-01 47387
2001-01-01 47460
2002-01-01 48986
2003-01-01 50878
2004-01-01 52848
2005-01-01 58150
2006-01-01 59210
2007-01-01 59836
2008-01-01 64226
2009-01-01 59953
2010-01-01 64925
2011-01-01 62556
2012-01-01 61769
2013-01-01 63122
2014-01-01 64747
2015-01-01 63807
2016-01-01 68351
2017-01-01 72087
2018-01-01 75437
2019-01-01 72663
2020-01-01 74928
2021-01-01 82372
2022-01-01 82070

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