Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Clay County, WV
Series ID MHICILBWV54015A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 12819
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 13750
1994-01-01 .
1995-01-01 16456
1996-01-01 .
1997-01-01 17880
1998-01-01 20025
1999-01-01 21477
2000-01-01 21831
2001-01-01 21423
2002-01-01 21859
2003-01-01 23049
2004-01-01 24055
2005-01-01 23609
2006-01-01 24842
2007-01-01 25760
2008-01-01 25447
2009-01-01 27015
2010-01-01 28229
2011-01-01 27284
2012-01-01 29858
2013-01-01 30015
2014-01-01 30007
2015-01-01 27237
2016-01-01 30138
2017-01-01 30696
2018-01-01 32142
2019-01-01 38397
2020-01-01 30874
2021-01-01 33716
2022-01-01 37370
2023-01-01 39459

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