Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Goochland County, VA
Series ID MHICIUBVA51075A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 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
1989-01-01 37870
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 42103
1994-01-01 .
1995-01-01 50305
1996-01-01 .
1997-01-01 53206
1998-01-01 57111
1999-01-01 58377
2000-01-01 62006
2001-01-01 64011
2002-01-01 64591
2003-01-01 65160
2004-01-01 68689
2005-01-01 75556
2006-01-01 76623
2007-01-01 81587
2008-01-01 83123
2009-01-01 83544
2010-01-01 88848
2011-01-01 83175
2012-01-01 88474
2013-01-01 84028
2014-01-01 94199
2015-01-01 92563
2016-01-01 97516
2017-01-01 108086
2018-01-01 98603
2019-01-01 111453
2020-01-01 116697
2021-01-01 116670
2022-01-01 125027
2023-01-01 134403

Back to Top