Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hampton City, VA
Series ID MHICILBVA51650A052NCEN
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 1:11 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
1989-01-01 26955
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31769
1994-01-01 .
1995-01-01 31970
1996-01-01 .
1997-01-01 33253
1998-01-01 34586
1999-01-01 34776
2000-01-01 36612
2001-01-01 36481
2002-01-01 36541
2003-01-01 37500
2004-01-01 38484
2005-01-01 41790
2006-01-01 43629
2007-01-01 44297
2008-01-01 44652
2009-01-01 43248
2010-01-01 49542
2011-01-01 45484
2012-01-01 44225
2013-01-01 42183
2014-01-01 44803
2015-01-01 46784
2016-01-01 48274
2017-01-01 49646
2018-01-01 52341
2019-01-01 51700
2020-01-01 50031
2021-01-01 53752
2022-01-01 60677

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