Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Ward County, TX
Series ID MHICILBTX48475A052NCEN
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 22999
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 24135
1994-01-01 .
1995-01-01 23294
1996-01-01 .
1997-01-01 26336
1998-01-01 27400
1999-01-01 27307
2000-01-01 28453
2001-01-01 28708
2002-01-01 28658
2003-01-01 29600
2004-01-01 31391
2005-01-01 30379
2006-01-01 33340
2007-01-01 36145
2008-01-01 38661
2009-01-01 38918
2010-01-01 37926
2011-01-01 39404
2012-01-01 41489
2013-01-01 48850
2014-01-01 47821
2015-01-01 52220
2016-01-01 60360
2017-01-01 48227
2018-01-01 47928
2019-01-01 54489
2020-01-01 54740
2021-01-01 51375
2022-01-01 53203

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