Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nelson County, VA
Series ID MHICIUBVA51125A052NCEN
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 24255
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28808
1994-01-01 .
1995-01-01 32611
1996-01-01 .
1997-01-01 34886
1998-01-01 36982
1999-01-01 37860
2000-01-01 40471
2001-01-01 39667
2002-01-01 40157
2003-01-01 41208
2004-01-01 42576
2005-01-01 43266
2006-01-01 46316
2007-01-01 49407
2008-01-01 49668
2009-01-01 48645
2010-01-01 51633
2011-01-01 50693
2012-01-01 51683
2013-01-01 49889
2014-01-01 53020
2015-01-01 54041
2016-01-01 58248
2017-01-01 59296
2018-01-01 62396
2019-01-01 62196
2020-01-01 68965
2021-01-01 68383
2022-01-01 74510
2023-01-01 83176

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