Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Virginia Beach City, VA
Series ID MHICIUBVA51810A052NCEN
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 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
1989-01-01 38039
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 43009
1994-01-01 .
1995-01-01 44007
1996-01-01 .
1997-01-01 47671
1998-01-01 49405
1999-01-01 49697
2000-01-01 53109
2001-01-01 53081
2002-01-01 53703
2003-01-01 53462
2004-01-01 54821
2005-01-01 59573
2006-01-01 62317
2007-01-01 62870
2008-01-01 67338
2009-01-01 60708
2010-01-01 65634
2011-01-01 66027
2012-01-01 62760
2013-01-01 64845
2014-01-01 70342
2015-01-01 68547
2016-01-01 72539
2017-01-01 74173
2018-01-01 78423
2019-01-01 80888
2020-01-01 79984
2021-01-01 83364
2022-01-01 85659
2023-01-01 93676

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