Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Williamsburg City, VA
Series ID MHICIUBVA51830A052NCEN
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 1:09 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
1993-01-01 31813
1994-01-01 .
1995-01-01 35346
1996-01-01 .
1997-01-01 37991
1998-01-01 40049
1999-01-01 38079
2000-01-01 40704
2001-01-01 39419
2002-01-01 39048
2003-01-01 37115
2004-01-01 38070
2005-01-01 41984
2006-01-01 45695
2007-01-01 48177
2008-01-01 54422
2009-01-01 48721
2010-01-01 49993
2011-01-01 50358
2012-01-01 48599
2013-01-01 51323
2014-01-01 51765
2015-01-01 52880
2016-01-01 53555
2017-01-01 58731
2018-01-01 57612
2019-01-01 62479
2020-01-01 69366
2021-01-01 68462
2022-01-01 75780

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