Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Loving County, TX
Series ID MHICILBTX48301A052NCEN
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 26042
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23513
1994-01-01 .
1995-01-01 24189
1996-01-01 .
1997-01-01 28696
1998-01-01 35768
1999-01-01 29353
2000-01-01 36981
2001-01-01 37572
2002-01-01 31448
2003-01-01 36042
2004-01-01 35038
2005-01-01 36857
2006-01-01 34911
2007-01-01 40951
2008-01-01 44905
2009-01-01 44491
2010-01-01 45174
2011-01-01 41238
2012-01-01 36920
2013-01-01 39863
2014-01-01 49598
2015-01-01 52938
2016-01-01 56794
2017-01-01 57665
2018-01-01 69612
2019-01-01 77272
2020-01-01 81537
2021-01-01 87622
2022-01-01 81882

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