Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Morgan County, WV
Series ID MHICIUBWV54065A052NCEN
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 25687
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29104
1994-01-01 .
1995-01-01 32144
1996-01-01 .
1997-01-01 34004
1998-01-01 35214
1999-01-01 35979
2000-01-01 38319
2001-01-01 37572
2002-01-01 38682
2003-01-01 39289
2004-01-01 42453
2005-01-01 43342
2006-01-01 45804
2007-01-01 48388
2008-01-01 47838
2009-01-01 41875
2010-01-01 44227
2011-01-01 44605
2012-01-01 44926
2013-01-01 46941
2014-01-01 48799
2015-01-01 50051
2016-01-01 62338
2017-01-01 48308
2018-01-01 53837
2019-01-01 56045
2020-01-01 63511
2021-01-01 64870
2022-01-01 61504

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