Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Norfolk City, VA
Series ID MHICILBVA51710A052NCEN
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 19091
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23263
1994-01-01 .
1995-01-01 22673
1996-01-01 .
1997-01-01 25318
1998-01-01 26667
1999-01-01 27233
2000-01-01 28637
2001-01-01 28408
2002-01-01 28619
2003-01-01 30090
2004-01-01 31742
2005-01-01 34524
2006-01-01 37729
2007-01-01 38622
2008-01-01 38682
2009-01-01 38748
2010-01-01 39152
2011-01-01 40254
2012-01-01 40276
2013-01-01 40989
2014-01-01 40613
2015-01-01 43358
2016-01-01 44178
2017-01-01 46188
2018-01-01 46243
2019-01-01 50576
2020-01-01 46403
2021-01-01 54335
2022-01-01 57670

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