Federal Reserve Economic Data

Table Data - Estimate of Median Household Income for Richmond City, VA

Title Estimate of Median Household Income for Richmond City, VA
Series ID MHIVA51760A052NCEN
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 12:50 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.
DATE VALUE
1989-01-01 24000
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26170
1994-01-01 .
1995-01-01 26089
1996-01-01 .
1997-01-01 29234
1998-01-01 31081
1999-01-01 30169
2000-01-01 32029
2001-01-01 31409
2002-01-01 31196
2003-01-01 31730
2004-01-01 32547
2005-01-01 34352
2006-01-01 35761
2007-01-01 38301
2008-01-01 36968
2009-01-01 37115
2010-01-01 39214
2011-01-01 38368
2012-01-01 37933
2013-01-01 39249
2014-01-01 42074
2015-01-01 40161
2016-01-01 42336
2017-01-01 46073
2018-01-01 48747
2019-01-01 50949
2020-01-01 54815
2021-01-01 52011
2022-01-01 58719

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