Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rusk County, TX
Series ID MHICILBTX48401A052NCEN
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 20539
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22868
1994-01-01 .
1995-01-01 23866
1996-01-01 .
1997-01-01 26315
1998-01-01 27568
1999-01-01 29608
2000-01-01 30915
2001-01-01 30679
2002-01-01 30721
2003-01-01 31687
2004-01-01 33196
2005-01-01 34454
2006-01-01 37554
2007-01-01 38266
2008-01-01 39628
2009-01-01 39746
2010-01-01 39851
2011-01-01 38053
2012-01-01 41218
2013-01-01 40660
2014-01-01 42931
2015-01-01 45808
2016-01-01 42275
2017-01-01 45994
2018-01-01 45234
2019-01-01 51940
2020-01-01 51484
2021-01-01 47434
2022-01-01 49627

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