Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Collin County, TX
Series ID MHICILBTX48085A052NCEN
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 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
1989-01-01 45771
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 53277
1994-01-01 .
1995-01-01 57913
1996-01-01 .
1997-01-01 62796
1998-01-01 68363
1999-01-01 68909
2000-01-01 71915
2001-01-01 72209
2002-01-01 70946
2003-01-01 69931
2004-01-01 71264
2005-01-01 69393
2006-01-01 72660
2007-01-01 78112
2008-01-01 79936
2009-01-01 76163
2010-01-01 75384
2011-01-01 79708
2012-01-01 79446
2013-01-01 78494
2014-01-01 83846
2015-01-01 84405
2016-01-01 87459
2017-01-01 92888
2018-01-01 93514
2019-01-01 93792
2020-01-01 97960
2021-01-01 99051
2022-01-01 110362
2023-01-01 115270

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