Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hansford County, TX
Series ID MHICILBTX48195A052NCEN
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 34056
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29897
1994-01-01 .
1995-01-01 27469
1996-01-01 .
1997-01-01 33118
1998-01-01 34706
1999-01-01 34145
2000-01-01 35672
2001-01-01 35043
2002-01-01 31234
2003-01-01 32578
2004-01-01 33426
2005-01-01 32900
2006-01-01 35726
2007-01-01 40719
2008-01-01 40770
2009-01-01 40621
2010-01-01 39290
2011-01-01 45838
2012-01-01 46230
2013-01-01 47101
2014-01-01 45339
2015-01-01 49316
2016-01-01 51436
2017-01-01 49486
2018-01-01 50967
2019-01-01 51361
2020-01-01 51598
2021-01-01 51322
2022-01-01 61964

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