Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hampshire County, WV
Series ID MHICILBWV54027A052NCEN
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 18276
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22024
1994-01-01 .
1995-01-01 23596
1996-01-01 .
1997-01-01 24870
1998-01-01 26692
1999-01-01 29378
2000-01-01 30484
2001-01-01 30349
2002-01-01 31509
2003-01-01 32735
2004-01-01 33794
2005-01-01 31759
2006-01-01 36083
2007-01-01 33022
2008-01-01 34425
2009-01-01 32553
2010-01-01 31080
2011-01-01 33057
2012-01-01 31684
2013-01-01 33843
2014-01-01 32334
2015-01-01 36315
2016-01-01 41136
2017-01-01 43540
2018-01-01 39889
2019-01-01 51597
2020-01-01 45860
2021-01-01 48361
2022-01-01 52847

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