Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Norfolk City, VA
Series ID MHICIUBVA51710A052NCEN
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 1:09 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
1989-01-01 23473
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27653
1994-01-01 .
1995-01-01 28560
1996-01-01 .
1997-01-01 31365
1998-01-01 32674
1999-01-01 31222
2000-01-01 33261
2001-01-01 32578
2002-01-01 32821
2003-01-01 34086
2004-01-01 35942
2005-01-01 38146
2006-01-01 41026
2007-01-01 41968
2008-01-01 42078
2009-01-01 43574
2010-01-01 42878
2011-01-01 44148
2012-01-01 43484
2013-01-01 44909
2014-01-01 44521
2015-01-01 46830
2016-01-01 47440
2017-01-01 50248
2018-01-01 50795
2019-01-01 54298
2020-01-01 56399
2021-01-01 59567
2022-01-01 62390

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