Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Rockbridge County, VA
Series ID MHICIUBVA51163A052NCEN
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 1:09 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 29661
1994-01-01 .
1995-01-01 33552
1996-01-01 .
1997-01-01 36742
1998-01-01 38583
1999-01-01 37529
2000-01-01 40185
2001-01-01 39016
2002-01-01 39577
2003-01-01 40313
2004-01-01 42678
2005-01-01 43798
2006-01-01 45439
2007-01-01 46853
2008-01-01 49381
2009-01-01 48049
2010-01-01 48235
2011-01-01 46652
2012-01-01 50408
2013-01-01 51275
2014-01-01 52559
2015-01-01 52212
2016-01-01 55251
2017-01-01 58523
2018-01-01 58608
2019-01-01 64047
2020-01-01 63985
2021-01-01 64350
2022-01-01 71279

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