Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Wetzel County, WV
Series ID MHICIUBWV54103A052NCEN
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 26357
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27855
1994-01-01 .
1995-01-01 30877
1996-01-01 .
1997-01-01 32830
1998-01-01 34092
1999-01-01 33088
2000-01-01 34752
2001-01-01 33710
2002-01-01 33977
2003-01-01 34574
2004-01-01 35714
2005-01-01 36975
2006-01-01 37236
2007-01-01 39840
2008-01-01 40696
2009-01-01 40991
2010-01-01 39222
2011-01-01 41950
2012-01-01 40894
2013-01-01 41979
2014-01-01 44093
2015-01-01 45903
2016-01-01 46832
2017-01-01 45960
2018-01-01 49340
2019-01-01 51127
2020-01-01 54051
2021-01-01 55534
2022-01-01 53950

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