Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Roanoke City, VA
Series ID MHICILBVA51770A052NCEN
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 20543
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22086
1994-01-01 .
1995-01-01 22357
1996-01-01 .
1997-01-01 24462
1998-01-01 26024
1999-01-01 27955
2000-01-01 28870
2001-01-01 28111
2002-01-01 28166
2003-01-01 29656
2004-01-01 30856
2005-01-01 30815
2006-01-01 33268
2007-01-01 34591
2008-01-01 34429
2009-01-01 32843
2010-01-01 35316
2011-01-01 36133
2012-01-01 34768
2013-01-01 34950
2014-01-01 38139
2015-01-01 36802
2016-01-01 35571
2017-01-01 40397
2018-01-01 39042
2019-01-01 41511
2020-01-01 42942
2021-01-01 43736
2022-01-01 45839

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