Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Waynesboro City, VA
Series ID MHICIUBVA51820A052NCEN
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 31862
1994-01-01 .
1995-01-01 34028
1996-01-01 .
1997-01-01 36180
1998-01-01 37604
1999-01-01 35200
2000-01-01 37342
2001-01-01 36685
2002-01-01 36809
2003-01-01 36583
2004-01-01 37733
2005-01-01 40630
2006-01-01 41982
2007-01-01 45629
2008-01-01 44824
2009-01-01 43023
2010-01-01 43210
2011-01-01 44413
2012-01-01 47238
2013-01-01 45994
2014-01-01 47977
2015-01-01 47512
2016-01-01 45025
2017-01-01 48073
2018-01-01 49750
2019-01-01 48946
2020-01-01 61194
2021-01-01 59717
2022-01-01 65349

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