Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for King William County, VA
Series ID MHICIUBVA51101A052NCEN
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 33303
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 39245
1994-01-01 .
1995-01-01 43478
1996-01-01 .
1997-01-01 46138
1998-01-01 48093
1999-01-01 50469
2000-01-01 54069
2001-01-01 53857
2002-01-01 55285
2003-01-01 56350
2004-01-01 58598
2005-01-01 62830
2006-01-01 62746
2007-01-01 67357
2008-01-01 69648
2009-01-01 65435
2010-01-01 69691
2011-01-01 62287
2012-01-01 67415
2013-01-01 65776
2014-01-01 69790
2015-01-01 68560
2016-01-01 74847
2017-01-01 76435
2018-01-01 74872
2019-01-01 81615
2020-01-01 90142
2021-01-01 88552
2022-01-01 92949
2023-01-01 97764

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