Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lynchburg City, VA
Series ID MHICIUBVA51680A052NCEN
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 1:51 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
1993-01-01 29163
1994-01-01 .
1995-01-01 31404
1996-01-01 .
1997-01-01 32210
1998-01-01 33612
1999-01-01 33662
2000-01-01 35783
2001-01-01 34235
2002-01-01 33468
2003-01-01 34020
2004-01-01 35105
2005-01-01 37788
2006-01-01 39002
2007-01-01 38954
2008-01-01 42926
2009-01-01 40357
2010-01-01 38952
2011-01-01 39369
2012-01-01 39910
2013-01-01 42146
2014-01-01 42657
2015-01-01 42570
2016-01-01 44980
2017-01-01 47588
2018-01-01 46576
2019-01-01 54659
2020-01-01 61015
2021-01-01 57269
2022-01-01 54453

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