Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lancaster County, VA
Series ID MHICIUBVA51103A052NCEN
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 1:51 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 26728
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 30683
1994-01-01 .
1995-01-01 34341
1996-01-01 .
1997-01-01 35169
1998-01-01 37060
1999-01-01 35264
2000-01-01 37859
2001-01-01 36744
2002-01-01 37705
2003-01-01 38417
2004-01-01 40984
2005-01-01 41250
2006-01-01 44500
2007-01-01 46379
2008-01-01 50072
2009-01-01 47906
2010-01-01 48174
2011-01-01 47708
2012-01-01 51106
2013-01-01 50650
2014-01-01 50374
2015-01-01 51861
2016-01-01 49236
2017-01-01 56021
2018-01-01 58225
2019-01-01 60899
2020-01-01 64153
2021-01-01 64224
2022-01-01 68419

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