Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Lipscomb County, TX
Series ID MHICILBTX48295A052NCEN
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 1:11 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 23191
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26743
1994-01-01 .
1995-01-01 26521
1996-01-01 .
1997-01-01 31766
1998-01-01 31250
1999-01-01 30504
2000-01-01 31042
2001-01-01 31633
2002-01-01 30127
2003-01-01 31964
2004-01-01 33941
2005-01-01 33478
2006-01-01 34469
2007-01-01 41210
2008-01-01 41970
2009-01-01 49408
2010-01-01 41958
2011-01-01 49047
2012-01-01 46033
2013-01-01 51005
2014-01-01 55125
2015-01-01 55133
2016-01-01 48791
2017-01-01 48206
2018-01-01 52290
2019-01-01 58143
2020-01-01 58407
2021-01-01 57367
2022-01-01 61757

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