Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wetzel County, WV
Series ID MHICILBWV54103A052NCEN
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 21801
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23306
1994-01-01 .
1995-01-01 24672
1996-01-01 .
1997-01-01 26591
1998-01-01 27908
1999-01-01 28991
2000-01-01 29871
2001-01-01 29312
2002-01-01 29563
2003-01-01 30429
2004-01-01 31407
2005-01-01 30947
2006-01-01 32565
2007-01-01 32954
2008-01-01 33720
2009-01-01 34583
2010-01-01 33558
2011-01-01 34964
2012-01-01 34624
2013-01-01 36909
2014-01-01 35933
2015-01-01 37763
2016-01-01 38526
2017-01-01 37804
2018-01-01 40030
2019-01-01 42521
2020-01-01 40593
2021-01-01 44686
2022-01-01 43176

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