Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Hays County, TX
Series ID MHICILBTX48209A052NCEN
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 22428
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 28388
1994-01-01 .
1995-01-01 32062
1996-01-01 .
1997-01-01 34280
1998-01-01 36246
1999-01-01 40255
2000-01-01 42572
2001-01-01 42258
2002-01-01 42284
2003-01-01 43078
2004-01-01 44412
2005-01-01 42683
2006-01-01 49231
2007-01-01 52862
2008-01-01 53468
2009-01-01 50274
2010-01-01 53855
2011-01-01 52058
2012-01-01 51530
2013-01-01 56430
2014-01-01 56504
2015-01-01 56379
2016-01-01 61613
2017-01-01 62546
2018-01-01 63010
2019-01-01 68919
2020-01-01 70262
2021-01-01 73219
2022-01-01 84784

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