Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Petersburg City, VA
Series ID MHICIUBVA51730A052NCEN
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 2:31 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 24961
1994-01-01 .
1995-01-01 27157
1996-01-01 .
1997-01-01 28545
1998-01-01 29434
1999-01-01 30182
2000-01-01 31794
2001-01-01 30816
2002-01-01 30611
2003-01-01 30424
2004-01-01 31337
2005-01-01 32774
2006-01-01 34792
2007-01-01 37031
2008-01-01 38395
2009-01-01 34672
2010-01-01 34946
2011-01-01 35772
2012-01-01 36212
2013-01-01 35418
2014-01-01 35589
2015-01-01 34273
2016-01-01 37555
2017-01-01 39493
2018-01-01 39399
2019-01-01 43419
2020-01-01 46828
2021-01-01 44921
2022-01-01 46666
2023-01-01 49440

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