Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Taylor County, WV
Series ID MHICIUBWV54091A052NCEN
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 21138
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23624
1994-01-01 .
1995-01-01 26337
1996-01-01 .
1997-01-01 28308
1998-01-01 28772
1999-01-01 28694
2000-01-01 30091
2001-01-01 29492
2002-01-01 30320
2003-01-01 31703
2004-01-01 33341
2005-01-01 34435
2006-01-01 38602
2007-01-01 37815
2008-01-01 38882
2009-01-01 39161
2010-01-01 40333
2011-01-01 42922
2012-01-01 43056
2013-01-01 41943
2014-01-01 44429
2015-01-01 47504
2016-01-01 48957
2017-01-01 50197
2018-01-01 50666
2019-01-01 53672
2020-01-01 58239
2021-01-01 57871
2022-01-01 60642

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