Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Westmoreland County, VA
Series ID MHICIUBVA51193A052NCEN
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 23553
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27463
1994-01-01 .
1995-01-01 31054
1996-01-01 .
1997-01-01 33666
1998-01-01 34899
1999-01-01 35849
2000-01-01 38491
2001-01-01 37428
2002-01-01 37888
2003-01-01 38544
2004-01-01 40310
2005-01-01 40564
2006-01-01 45518
2007-01-01 51716
2008-01-01 48505
2009-01-01 51369
2010-01-01 49111
2011-01-01 47298
2012-01-01 48940
2013-01-01 50375
2014-01-01 52610
2015-01-01 52100
2016-01-01 53770
2017-01-01 54750
2018-01-01 56687
2019-01-01 60885
2020-01-01 67443
2021-01-01 66669
2022-01-01 68765

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