Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montague County, TX
Series ID MHICILBTX48337A052NCEN
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 16910
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19775
1994-01-01 .
1995-01-01 21204
1996-01-01 .
1997-01-01 23004
1998-01-01 24575
1999-01-01 28079
2000-01-01 29434
2001-01-01 29218
2002-01-01 29387
2003-01-01 30479
2004-01-01 31906
2005-01-01 32511
2006-01-01 34590
2007-01-01 36475
2008-01-01 37990
2009-01-01 38518
2010-01-01 39045
2011-01-01 40839
2012-01-01 42747
2013-01-01 37866
2014-01-01 44903
2015-01-01 44826
2016-01-01 41341
2017-01-01 42980
2018-01-01 46492
2019-01-01 48305
2020-01-01 49995
2021-01-01 50522
2022-01-01 50990

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