Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Powhatan County, VA
Series ID MHICIUBVA51145A052NCEN
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 37557
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 43968
1994-01-01 .
1995-01-01 49612
1996-01-01 .
1997-01-01 52194
1998-01-01 55852
1999-01-01 56825
2000-01-01 59954
2001-01-01 59498
2002-01-01 61455
2003-01-01 61354
2004-01-01 65031
2005-01-01 68939
2006-01-01 72992
2007-01-01 77488
2008-01-01 80788
2009-01-01 80373
2010-01-01 75288
2011-01-01 77237
2012-01-01 79671
2013-01-01 80894
2014-01-01 80741
2015-01-01 84482
2016-01-01 83879
2017-01-01 94132
2018-01-01 96286
2019-01-01 104524
2020-01-01 110577
2021-01-01 110163
2022-01-01 114646

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