Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Virginia

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Virginia
Series ID MHICIUBVA51000A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:30 AM 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 33749
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 36065
1994-01-01 .
1995-01-01 37929
1996-01-01 40471
1997-01-01 42084
1998-01-01 44467
1999-01-01 46259
2000-01-01 48638
2001-01-01 49701
2002-01-01 50089
2003-01-01 51809
2004-01-01 52620
2005-01-01 54721
2006-01-01 56740
2007-01-01 60138
2008-01-01 61639
2009-01-01 59840
2010-01-01 61108
2011-01-01 62371
2012-01-01 62185
2013-01-01 63389
2014-01-01 65528
2015-01-01 66796
2016-01-01 68850
2017-01-01 72053
2018-01-01 73269
2019-01-01 77293
2020-01-01 79972
2021-01-01 81649
2022-01-01 86590
2023-01-01 90813

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