Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Nicholas County, WV
Series ID MHICIUBWV54067A052NCEN
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 21685
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23538
1994-01-01 .
1995-01-01 27653
1996-01-01 .
1997-01-01 28850
1998-01-01 28706
1999-01-01 28341
2000-01-01 30096
2001-01-01 28965
2002-01-01 29230
2003-01-01 29667
2004-01-01 31196
2005-01-01 33117
2006-01-01 34136
2007-01-01 41005
2008-01-01 36186
2009-01-01 39766
2010-01-01 39120
2011-01-01 38941
2012-01-01 41818
2013-01-01 41394
2014-01-01 39894
2015-01-01 42311
2016-01-01 40360
2017-01-01 41245
2018-01-01 42406
2019-01-01 42994
2020-01-01 48456
2021-01-01 51117
2022-01-01 52345

Subscribe to the FRED newsletter


Follow us

Back to Top