Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Fairfax City, VA
Series ID MHICILBVA51600A052NCEN
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 3:12 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 50164
1994-01-01 .
1995-01-01 52526
1996-01-01 .
1997-01-01 57534
1998-01-01 57614
1999-01-01 60842
2000-01-01 64991
2001-01-01 67204
2002-01-01 65741
2003-01-01 63064
2004-01-01 65435
2005-01-01 73579
2006-01-01 73894
2007-01-01 82947
2008-01-01 86802
2009-01-01 76165
2010-01-01 75743
2011-01-01 79159
2012-01-01 79281
2013-01-01 82966
2014-01-01 87070
2015-01-01 92101
2016-01-01 85545
2017-01-01 89931
2018-01-01 96141
2019-01-01 95645
2020-01-01 87869
2021-01-01 97034
2022-01-01 111427
2023-01-01 106430

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