Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Grant County, WV

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Grant County, WV
Series ID MHICIUBWV54023A052NCEN
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 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
1989-01-01 22357
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27020
1994-01-01 .
1995-01-01 29975
1996-01-01 .
1997-01-01 30883
1998-01-01 31660
1999-01-01 30889
2000-01-01 32694
2001-01-01 32537
2002-01-01 32814
2003-01-01 34093
2004-01-01 34467
2005-01-01 35366
2006-01-01 35275
2007-01-01 39415
2008-01-01 39170
2009-01-01 39860
2010-01-01 39994
2011-01-01 41343
2012-01-01 41072
2013-01-01 41715
2014-01-01 43805
2015-01-01 42266
2016-01-01 41740
2017-01-01 45396
2018-01-01 46629
2019-01-01 52076
2020-01-01 52132
2021-01-01 53152
2022-01-01 62341

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