Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Erath County, TX
Series ID MHICILBTX48143A052NCEN
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 19652
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22593
1994-01-01 .
1995-01-01 23071
1996-01-01 .
1997-01-01 24932
1998-01-01 26864
1999-01-01 28405
2000-01-01 29652
2001-01-01 29214
2002-01-01 28819
2003-01-01 28866
2004-01-01 30302
2005-01-01 32533
2006-01-01 32199
2007-01-01 34191
2008-01-01 37191
2009-01-01 33094
2010-01-01 35024
2011-01-01 35926
2012-01-01 35090
2013-01-01 36719
2014-01-01 37738
2015-01-01 41736
2016-01-01 39878
2017-01-01 43770
2018-01-01 42756
2019-01-01 48091
2020-01-01 55080
2021-01-01 47768
2022-01-01 54731

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