Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Concho County, TX
Series ID MHICILBTX48095A052NCEN
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 1:53 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 15729
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 17562
1994-01-01 .
1995-01-01 16647
1996-01-01 .
1997-01-01 19756
1998-01-01 19559
1999-01-01 25852
2000-01-01 27055
2001-01-01 26805
2002-01-01 24864
2003-01-01 26236
2004-01-01 27541
2005-01-01 29110
2006-01-01 30526
2007-01-01 31949
2008-01-01 33647
2009-01-01 33097
2010-01-01 30406
2011-01-01 31876
2012-01-01 33758
2013-01-01 35102
2014-01-01 36739
2015-01-01 35747
2016-01-01 35290
2017-01-01 38578
2018-01-01 36379
2019-01-01 38092
2020-01-01 40098
2021-01-01 42611
2022-01-01 44796

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