Federal Reserve Economic Data

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

Title 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Wise County, TX
Series ID MHICILBTX48497A052NCEN
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 24472
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27538
1994-01-01 .
1995-01-01 30319
1996-01-01 .
1997-01-01 33089
1998-01-01 35685
1999-01-01 38193
2000-01-01 40032
2001-01-01 39997
2002-01-01 40568
2003-01-01 42123
2004-01-01 43425
2005-01-01 46930
2006-01-01 47267
2007-01-01 49203
2008-01-01 52797
2009-01-01 50697
2010-01-01 49054
2011-01-01 50402
2012-01-01 50026
2013-01-01 53794
2014-01-01 55353
2015-01-01 53460
2016-01-01 53301
2017-01-01 55455
2018-01-01 60665
2019-01-01 64057
2020-01-01 62192
2021-01-01 71384
2022-01-01 74752

Subscribe to the FRED newsletter


Follow us

Back to Top