Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Floyd County, TX
Series ID MHICILBTX48153A052NCEN
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 2:05 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 19272
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21865
1994-01-01 .
1995-01-01 20584
1996-01-01 .
1997-01-01 23491
1998-01-01 24781
1999-01-01 25791
2000-01-01 26563
2001-01-01 25466
2002-01-01 24226
2003-01-01 25058
2004-01-01 26593
2005-01-01 25718
2006-01-01 27504
2007-01-01 28270
2008-01-01 29722
2009-01-01 28131
2010-01-01 30117
2011-01-01 31856
2012-01-01 31354
2013-01-01 32995
2014-01-01 33033
2015-01-01 33223
2016-01-01 37019
2017-01-01 37777
2018-01-01 35977
2019-01-01 41307
2020-01-01 37543
2021-01-01 38662
2022-01-01 39955
2023-01-01 40853

Subscribe to the FRED newsletter


Follow us

Back to Top