Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Galveston County, TX
Series ID MHICILBTX48167A052NCEN
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 25914
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31764
1994-01-01 .
1995-01-01 34603
1996-01-01 .
1997-01-01 36249
1998-01-01 38809
1999-01-01 38975
2000-01-01 40921
2001-01-01 40957
2002-01-01 41445
2003-01-01 42265
2004-01-01 43069
2005-01-01 42930
2006-01-01 49804
2007-01-01 49789
2008-01-01 54679
2009-01-01 52471
2010-01-01 53846
2011-01-01 54972
2012-01-01 57160
2013-01-01 57829
2014-01-01 54518
2015-01-01 62317
2016-01-01 60076
2017-01-01 67041
2018-01-01 68304
2019-01-01 68368
2020-01-01 73967
2021-01-01 74601
2022-01-01 71310

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