Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Palo Pinto County, TX
Series ID MHICILBTX48363A052NCEN
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 18591
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21499
1994-01-01 .
1995-01-01 21687
1996-01-01 .
1997-01-01 23998
1998-01-01 24973
1999-01-01 27926
2000-01-01 29611
2001-01-01 29487
2002-01-01 29353
2003-01-01 30285
2004-01-01 31053
2005-01-01 31968
2006-01-01 32658
2007-01-01 33994
2008-01-01 37936
2009-01-01 37726
2010-01-01 36003
2011-01-01 32157
2012-01-01 37453
2013-01-01 36318
2014-01-01 37257
2015-01-01 39015
2016-01-01 39441
2017-01-01 42221
2018-01-01 41492
2019-01-01 45165
2020-01-01 53902
2021-01-01 53923
2022-01-01 50880

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