Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Staunton City, VA
Series ID MHICIUBVA51790A052NCEN
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 30223
1994-01-01 .
1995-01-01 33364
1996-01-01 .
1997-01-01 35889
1998-01-01 36941
1999-01-01 34761
2000-01-01 37430
2001-01-01 37054
2002-01-01 36994
2003-01-01 36119
2004-01-01 37697
2005-01-01 40199
2006-01-01 41097
2007-01-01 42332
2008-01-01 46656
2009-01-01 44674
2010-01-01 44507
2011-01-01 44600
2012-01-01 44047
2013-01-01 43045
2014-01-01 46484
2015-01-01 47332
2016-01-01 50576
2017-01-01 54861
2018-01-01 52053
2019-01-01 60162
2020-01-01 57565
2021-01-01 60485
2022-01-01 68596

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