Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Summers County, WV
Series ID MHICIUBWV54089A052NCEN
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 17952
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20662
1994-01-01 .
1995-01-01 23813
1996-01-01 .
1997-01-01 24867
1998-01-01 25335
1999-01-01 23260
2000-01-01 24055
2001-01-01 23022
2002-01-01 23398
2003-01-01 24697
2004-01-01 25834
2005-01-01 25901
2006-01-01 28215
2007-01-01 29699
2008-01-01 30755
2009-01-01 30330
2010-01-01 31787
2011-01-01 33594
2012-01-01 32176
2013-01-01 33959
2014-01-01 34470
2015-01-01 37037
2016-01-01 34556
2017-01-01 35540
2018-01-01 37988
2019-01-01 41392
2020-01-01 44523
2021-01-01 44998
2022-01-01 45387

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