Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Montgomery County, VA
Series ID MHICIUBVA51121A052NCEN
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 1:51 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
1993-01-01 31254
1994-01-01 .
1995-01-01 33524
1996-01-01 .
1997-01-01 37631
1998-01-01 40200
1999-01-01 36366
2000-01-01 37338
2001-01-01 36007
2002-01-01 36261
2003-01-01 37055
2004-01-01 37810
2005-01-01 39481
2006-01-01 41573
2007-01-01 45421
2008-01-01 46201
2009-01-01 45027
2010-01-01 46461
2011-01-01 47776
2012-01-01 45359
2013-01-01 49639
2014-01-01 46300
2015-01-01 53723
2016-01-01 55789
2017-01-01 58251
2018-01-01 56413
2019-01-01 63026
2020-01-01 67325
2021-01-01 63611
2022-01-01 73441

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