Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Parmer County, TX
Series ID MHICILBTX48369A052NCEN
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 23786
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24697
1994-01-01 .
1995-01-01 22806
1996-01-01 .
1997-01-01 26427
1998-01-01 27808
1999-01-01 29461
2000-01-01 30612
2001-01-01 30605
2002-01-01 28506
2003-01-01 29095
2004-01-01 29388
2005-01-01 29529
2006-01-01 29643
2007-01-01 32421
2008-01-01 36691
2009-01-01 33136
2010-01-01 35158
2011-01-01 35288
2012-01-01 40888
2013-01-01 37876
2014-01-01 38702
2015-01-01 42581
2016-01-01 43445
2017-01-01 43252
2018-01-01 45283
2019-01-01 44551
2020-01-01 55146
2021-01-01 49816
2022-01-01 50991

Subscribe to the FRED newsletter


Follow us

Back to Top