Federal Reserve Economic Data

Table Data - 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Halifax County, VA

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Halifax County, VA
Series ID MHICILBVA51083A052NCEN
Source U.S. Census Bureau
Release Small Area Income and Poverty Estimates
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Dollars
Date Range 1993-01-01 to 2023-01-01
Last Updated 2024-12-20 2:32 AM 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
1993-01-01 22780
1994-01-01 .
1995-01-01 18804
1996-01-01 .
1997-01-01 25383
1998-01-01 26335
1999-01-01 27786
2000-01-01 28599
2001-01-01 27867
2002-01-01 27795
2003-01-01 28334
2004-01-01 29154
2005-01-01 29498
2006-01-01 30466
2007-01-01 29971
2008-01-01 31633
2009-01-01 32667
2010-01-01 32833
2011-01-01 32591
2012-01-01 33053
2013-01-01 32332
2014-01-01 35752
2015-01-01 37573
2016-01-01 36447
2017-01-01 38733
2018-01-01 39914
2019-01-01 37734
2020-01-01 37143
2021-01-01 43174
2022-01-01 45166
2023-01-01 44811

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