Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Logan County, WV
Series ID MHICILBWV54045A052NCEN
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 17300
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18656
1994-01-01 .
1995-01-01 20564
1996-01-01 .
1997-01-01 21493
1998-01-01 21966
1999-01-01 22818
2000-01-01 23110
2001-01-01 23080
2002-01-01 23794
2003-01-01 24993
2004-01-01 26430
2005-01-01 25610
2006-01-01 27724
2007-01-01 29425
2008-01-01 31831
2009-01-01 31536
2010-01-01 30658
2011-01-01 31142
2012-01-01 30813
2013-01-01 32457
2014-01-01 33268
2015-01-01 32523
2016-01-01 32140
2017-01-01 31363
2018-01-01 32166
2019-01-01 34487
2020-01-01 32848
2021-01-01 36498
2022-01-01 37834

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