Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Staunton City, VA
Series ID MHICILBVA51790A052NCEN
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 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
1993-01-01 25736
1994-01-01 .
1995-01-01 27196
1996-01-01 .
1997-01-01 29761
1998-01-01 30895
1999-01-01 30542
2000-01-01 32243
2001-01-01 32268
2002-01-01 32200
2003-01-01 31856
2004-01-01 33275
2005-01-01 34545
2006-01-01 34496
2007-01-01 35999
2008-01-01 38933
2009-01-01 36761
2010-01-01 37203
2011-01-01 37412
2012-01-01 36711
2013-01-01 36379
2014-01-01 38620
2015-01-01 39470
2016-01-01 41898
2017-01-01 48241
2018-01-01 42585
2019-01-01 48430
2020-01-01 44895
2021-01-01 48531
2022-01-01 55238

Subscribe to the FRED newsletter


Follow us

Back to Top