Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Portsmouth City, VA
Series ID MHICILBVA51740A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:02 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
1989-01-01 21603
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24480
1994-01-01 .
1995-01-01 24170
1996-01-01 .
1997-01-01 26770
1998-01-01 27765
1999-01-01 29469
2000-01-01 31245
2001-01-01 30729
2002-01-01 31187
2003-01-01 32456
2004-01-01 33627
2005-01-01 37081
2006-01-01 36968
2007-01-01 40457
2008-01-01 42236
2009-01-01 40287
2010-01-01 40333
2011-01-01 39030
2012-01-01 38803
2013-01-01 40464
2014-01-01 39425
2015-01-01 43337
2016-01-01 43524
2017-01-01 45656
2018-01-01 44163
2019-01-01 47034
2020-01-01 46615
2021-01-01 49715
2022-01-01 49813
2023-01-01 53006

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