Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hanover County, VA

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hanover County, VA
Series ID MHICIUBVA51085A052NCEN
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 1:09 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 40726
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 47824
1994-01-01 .
1995-01-01 52818
1996-01-01 .
1997-01-01 56769
1998-01-01 60542
1999-01-01 62017
2000-01-01 65146
2001-01-01 65293
2002-01-01 68141
2003-01-01 69708
2004-01-01 72442
2005-01-01 75562
2006-01-01 72947
2007-01-01 79907
2008-01-01 81741
2009-01-01 79939
2010-01-01 76083
2011-01-01 77357
2012-01-01 78923
2013-01-01 82538
2014-01-01 87066
2015-01-01 85202
2016-01-01 87711
2017-01-01 93338
2018-01-01 95347
2019-01-01 96683
2020-01-01 104038
2021-01-01 100541
2022-01-01 110140

Subscribe to the FRED newsletter


Follow us

Back to Top