Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hancock County, WV
Series ID MHICIUBWV54029A052NCEN
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 1:51 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
1989-01-01 28096
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31156
1994-01-01 .
1995-01-01 32896
1996-01-01 .
1997-01-01 35042
1998-01-01 36420
1999-01-01 35537
2000-01-01 37680
2001-01-01 36335
2002-01-01 37237
2003-01-01 38522
2004-01-01 39718
2005-01-01 41386
2006-01-01 40532
2007-01-01 42907
2008-01-01 42874
2009-01-01 42874
2010-01-01 41727
2011-01-01 42374
2012-01-01 39727
2013-01-01 43431
2014-01-01 50391
2015-01-01 45849
2016-01-01 48724
2017-01-01 48909
2018-01-01 51344
2019-01-01 56087
2020-01-01 59684
2021-01-01 58124
2022-01-01 63423

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