Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Suffolk City, VA
Series ID MHICILBVA51800A052NCEN
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 22844
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26980
1994-01-01 .
1995-01-01 29324
1996-01-01 .
1997-01-01 31412
1998-01-01 33871
1999-01-01 36708
2000-01-01 38979
2001-01-01 38849
2002-01-01 40931
2003-01-01 43523
2004-01-01 45955
2005-01-01 49685
2006-01-01 52195
2007-01-01 54260
2008-01-01 53688
2009-01-01 52706
2010-01-01 58129
2011-01-01 57578
2012-01-01 58129
2013-01-01 55560
2014-01-01 56752
2015-01-01 57859
2016-01-01 60760
2017-01-01 65290
2018-01-01 65114
2019-01-01 73462
2020-01-01 65458
2021-01-01 73032
2022-01-01 76431

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