Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Martinsville City, VA
Series ID MHICIUBVA51690A052NCEN
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 27041
1994-01-01 .
1995-01-01 29569
1996-01-01 .
1997-01-01 31483
1998-01-01 32285
1999-01-01 29334
2000-01-01 30964
2001-01-01 29886
2002-01-01 29683
2003-01-01 29563
2004-01-01 30134
2005-01-01 31606
2006-01-01 33245
2007-01-01 34871
2008-01-01 33657
2009-01-01 30920
2010-01-01 32740
2011-01-01 33300
2012-01-01 32408
2013-01-01 33928
2014-01-01 32730
2015-01-01 35824
2016-01-01 37698
2017-01-01 38044
2018-01-01 37253
2019-01-01 42161
2020-01-01 41040
2021-01-01 42754
2022-01-01 45753
2023-01-01 49755

Subscribe to the FRED newsletter


Follow us

Back to Top