Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Polk County, TX
Series ID MHICILBTX48373A052NCEN
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 16239
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 19481
1994-01-01 .
1995-01-01 23390
1996-01-01 .
1997-01-01 24158
1998-01-01 26429
1999-01-01 29356
2000-01-01 30428
2001-01-01 29974
2002-01-01 31284
2003-01-01 32684
2004-01-01 34017
2005-01-01 30270
2006-01-01 31268
2007-01-01 34285
2008-01-01 34484
2009-01-01 33515
2010-01-01 35652
2011-01-01 34095
2012-01-01 37030
2013-01-01 36666
2014-01-01 37864
2015-01-01 39026
2016-01-01 39158
2017-01-01 40411
2018-01-01 41985
2019-01-01 46314
2020-01-01 40799
2021-01-01 44933
2022-01-01 53760

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