Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Monongalia County, WV
Series ID MHICILBWV54061A052NCEN
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 22755
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26256
1994-01-01 .
1995-01-01 27617
1996-01-01 .
1997-01-01 29402
1998-01-01 31155
1999-01-01 28304
2000-01-01 28903
2001-01-01 28382
2002-01-01 28975
2003-01-01 30952
2004-01-01 32151
2005-01-01 30532
2006-01-01 33370
2007-01-01 38226
2008-01-01 38851
2009-01-01 32937
2010-01-01 38946
2011-01-01 40215
2012-01-01 38311
2013-01-01 43976
2014-01-01 40315
2015-01-01 43166
2016-01-01 46477
2017-01-01 47151
2018-01-01 48191
2019-01-01 51980
2020-01-01 50194
2021-01-01 52269
2022-01-01 53081

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