Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Webster County, WV
Series ID MHICIUBWV54101A052NCEN
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 16821
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17851
1994-01-01 .
1995-01-01 21214
1996-01-01 .
1997-01-01 22696
1998-01-01 23680
1999-01-01 22826
2000-01-01 23736
2001-01-01 23069
2002-01-01 23848
2003-01-01 24672
2004-01-01 26363
2005-01-01 27299
2006-01-01 28921
2007-01-01 30314
2008-01-01 28677
2009-01-01 29012
2010-01-01 31638
2011-01-01 31654
2012-01-01 29585
2013-01-01 34183
2014-01-01 31984
2015-01-01 33886
2016-01-01 33911
2017-01-01 34861
2018-01-01 37263
2019-01-01 38074
2020-01-01 39748
2021-01-01 40427
2022-01-01 45268

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