Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wayne County, WV
Series ID MHICILBWV54099A052NCEN
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 19874
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21663
1994-01-01 .
1995-01-01 22955
1996-01-01 .
1997-01-01 25502
1998-01-01 27069
1999-01-01 26618
2000-01-01 26797
2001-01-01 26407
2002-01-01 26790
2003-01-01 28468
2004-01-01 29111
2005-01-01 28466
2006-01-01 29041
2007-01-01 33192
2008-01-01 31496
2009-01-01 33617
2010-01-01 33241
2011-01-01 32100
2012-01-01 34531
2013-01-01 35938
2014-01-01 33887
2015-01-01 32485
2016-01-01 37450
2017-01-01 35194
2018-01-01 34800
2019-01-01 38093
2020-01-01 39120
2021-01-01 45088
2022-01-01 47874

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