Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Montgomery County, TX
Series ID MHICILBTX48339A052NCEN
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 29323
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35304
1994-01-01 .
1995-01-01 41828
1996-01-01 .
1997-01-01 43333
1998-01-01 44926
1999-01-01 45653
2000-01-01 47190
2001-01-01 47942
2002-01-01 48809
2003-01-01 50221
2004-01-01 52147
2005-01-01 56747
2006-01-01 58011
2007-01-01 60955
2008-01-01 63935
2009-01-01 62418
2010-01-01 63012
2011-01-01 59405
2012-01-01 64128
2013-01-01 65892
2014-01-01 67702
2015-01-01 69393
2016-01-01 68980
2017-01-01 74591
2018-01-01 74462
2019-01-01 84291
2020-01-01 80384
2021-01-01 82693
2022-01-01 91473

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