Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Williamsburg City, VA
Series ID MHICILBVA51830A052NCEN
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 1:53 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
1993-01-01 27198
1994-01-01 .
1995-01-01 29165
1996-01-01 .
1997-01-01 31306
1998-01-01 33141
1999-01-01 32641
2000-01-01 34480
2001-01-01 33730
2002-01-01 33416
2003-01-01 32298
2004-01-01 33214
2005-01-01 34923
2006-01-01 37932
2007-01-01 39376
2008-01-01 45995
2009-01-01 40039
2010-01-01 42577
2011-01-01 42358
2012-01-01 39913
2013-01-01 44437
2014-01-01 42143
2015-01-01 43062
2016-01-01 44907
2017-01-01 48743
2018-01-01 48078
2019-01-01 50659
2020-01-01 51944
2021-01-01 55038
2022-01-01 59306

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