Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Parker County, TX
Series ID MHICILBTX48367A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:32 AM 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 28127
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31459
1994-01-01 .
1995-01-01 34569
1996-01-01 .
1997-01-01 37466
1998-01-01 39543
1999-01-01 41364
2000-01-01 43302
2001-01-01 43068
2002-01-01 43591
2003-01-01 44579
2004-01-01 46425
2005-01-01 50108
2006-01-01 50550
2007-01-01 55953
2008-01-01 58145
2009-01-01 57818
2010-01-01 52596
2011-01-01 58295
2012-01-01 59754
2013-01-01 57935
2014-01-01 63185
2015-01-01 63468
2016-01-01 62910
2017-01-01 69004
2018-01-01 67691
2019-01-01 77518
2020-01-01 82250
2021-01-01 80032
2022-01-01 89252
2023-01-01 92691

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