Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Panola County, TX
Series ID MHICILBTX48365A052NCEN
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 21360
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23492
1994-01-01 .
1995-01-01 24301
1996-01-01 .
1997-01-01 27012
1998-01-01 28953
1999-01-01 29676
2000-01-01 30976
2001-01-01 31002
2002-01-01 31003
2003-01-01 32249
2004-01-01 34437
2005-01-01 33642
2006-01-01 35897
2007-01-01 38983
2008-01-01 38871
2009-01-01 42379
2010-01-01 44806
2011-01-01 41941
2012-01-01 47023
2013-01-01 45348
2014-01-01 45464
2015-01-01 45576
2016-01-01 42857
2017-01-01 46250
2018-01-01 46331
2019-01-01 51663
2020-01-01 44032
2021-01-01 47708
2022-01-01 54140

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