Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Isle of Wight County, VA
Series ID MHICIUBVA51093A052NCEN
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 31871
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35794
1994-01-01 .
1995-01-01 40360
1996-01-01 .
1997-01-01 42431
1998-01-01 45069
1999-01-01 46714
2000-01-01 50106
2001-01-01 49404
2002-01-01 51083
2003-01-01 52653
2004-01-01 54781
2005-01-01 58137
2006-01-01 58245
2007-01-01 62622
2008-01-01 63876
2009-01-01 63290
2010-01-01 67523
2011-01-01 66421
2012-01-01 69201
2013-01-01 67460
2014-01-01 69891
2015-01-01 73016
2016-01-01 76507
2017-01-01 76158
2018-01-01 79969
2019-01-01 84947
2020-01-01 84728
2021-01-01 92935
2022-01-01 93585
2023-01-01 97454

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