Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wise County, VA
Series ID MHICIUBVA51195A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 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
1993-01-01 25163
1994-01-01 .
1995-01-01 28673
1996-01-01 .
1997-01-01 29737
1998-01-01 30354
1999-01-01 28524
2000-01-01 29527
2001-01-01 28796
2002-01-01 29549
2003-01-01 30717
2004-01-01 32286
2005-01-01 32452
2006-01-01 33021
2007-01-01 34676
2008-01-01 35301
2009-01-01 38458
2010-01-01 39935
2011-01-01 39498
2012-01-01 38467
2013-01-01 40444
2014-01-01 40961
2015-01-01 39557
2016-01-01 36433
2017-01-01 40864
2018-01-01 41310
2019-01-01 46335
2020-01-01 47516
2021-01-01 44779
2022-01-01 49966
2023-01-01 53157

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