Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Mills County, TX
Series ID MHICILBTX48333A052NCEN
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 15632
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18470
1994-01-01 .
1995-01-01 18668
1996-01-01 .
1997-01-01 20884
1998-01-01 21385
1999-01-01 26965
2000-01-01 28173
2001-01-01 27485
2002-01-01 26995
2003-01-01 27532
2004-01-01 28975
2005-01-01 30008
2006-01-01 30924
2007-01-01 32271
2008-01-01 31844
2009-01-01 31123
2010-01-01 32642
2011-01-01 35464
2012-01-01 36368
2013-01-01 36667
2014-01-01 34661
2015-01-01 36771
2016-01-01 38935
2017-01-01 37742
2018-01-01 43674
2019-01-01 41372
2020-01-01 41979
2021-01-01 49355
2022-01-01 51935

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