Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Milam County, TX
Series ID MHICILBTX48331A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:12 AM 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 17677
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 20527
1994-01-01 .
1995-01-01 21135
1996-01-01 .
1997-01-01 23414
1998-01-01 24931
1999-01-01 29595
2000-01-01 31413
2001-01-01 30673
2002-01-01 30218
2003-01-01 30382
2004-01-01 31401
2005-01-01 32036
2006-01-01 31845
2007-01-01 35853
2008-01-01 37212
2009-01-01 34315
2010-01-01 34082
2011-01-01 34448
2012-01-01 35042
2013-01-01 36608
2014-01-01 37900
2015-01-01 42999
2016-01-01 38279
2017-01-01 40788
2018-01-01 42126
2019-01-01 43396
2020-01-01 44553
2021-01-01 47609
2022-01-01 48161
2023-01-01 57578

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