Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Berkeley County, WV

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Berkeley County, WV
Series ID MHICILBWV54003A052NCEN
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 25151
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28872
1994-01-01 .
1995-01-01 30542
1996-01-01 .
1997-01-01 32810
1998-01-01 34805
1999-01-01 35883
2000-01-01 37005
2001-01-01 36696
2002-01-01 38354
2003-01-01 40746
2004-01-01 42633
2005-01-01 43767
2006-01-01 46455
2007-01-01 48910
2008-01-01 48175
2009-01-01 48116
2010-01-01 48316
2011-01-01 47507
2012-01-01 48932
2013-01-01 50500
2014-01-01 53472
2015-01-01 50144
2016-01-01 52567
2017-01-01 55509
2018-01-01 56464
2019-01-01 58753
2020-01-01 61950
2021-01-01 64243
2022-01-01 66041

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