Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Henry County, VA
Series ID MHICIUBVA51089A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 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
1993-01-01 29755
1994-01-01 .
1995-01-01 31500
1996-01-01 .
1997-01-01 33998
1998-01-01 35227
1999-01-01 33418
2000-01-01 35017
2001-01-01 33681
2002-01-01 33500
2003-01-01 33414
2004-01-01 34147
2005-01-01 34447
2006-01-01 36112
2007-01-01 38173
2008-01-01 35599
2009-01-01 38855
2010-01-01 34507
2011-01-01 34933
2012-01-01 36592
2013-01-01 38266
2014-01-01 37711
2015-01-01 39627
2016-01-01 39758
2017-01-01 44354
2018-01-01 40015
2019-01-01 46176
2020-01-01 45961
2021-01-01 50558
2022-01-01 54487

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