Federal Reserve Economic Data

Table Data - 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hidalgo County, NM

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Hidalgo County, NM
Series ID MHICIUBNM35023A052NCEN
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 1:09 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 22824
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 27146
1994-01-01 .
1995-01-01 31122
1996-01-01 .
1997-01-01 31494
1998-01-01 30956
1999-01-01 25645
2000-01-01 26831
2001-01-01 25927
2002-01-01 24551
2003-01-01 24227
2004-01-01 25400
2005-01-01 27423
2006-01-01 29988
2007-01-01 31502
2008-01-01 37033
2009-01-01 33280
2010-01-01 33131
2011-01-01 34104
2012-01-01 35488
2013-01-01 36076
2014-01-01 37969
2015-01-01 37927
2016-01-01 37227
2017-01-01 37276
2018-01-01 43088
2019-01-01 41619
2020-01-01 48069
2021-01-01 45064
2022-01-01 48984

Subscribe to the FRED newsletter


Follow us

Back to Top