Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Bailey County, TX
Series ID MHICIUBTX48017A052NCEN
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 2023-01-01
Last Updated 2024-12-20 3:11 AM 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 22920
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26911
1994-01-01 .
1995-01-01 28172
1996-01-01 .
1997-01-01 30083
1998-01-01 30580
1999-01-01 30306
2000-01-01 31935
2001-01-01 31257
2002-01-01 30418
2003-01-01 30602
2004-01-01 30865
2005-01-01 32525
2006-01-01 34376
2007-01-01 33765
2008-01-01 36594
2009-01-01 38758
2010-01-01 38795
2011-01-01 39506
2012-01-01 41378
2013-01-01 41101
2014-01-01 40808
2015-01-01 41996
2016-01-01 44675
2017-01-01 46416
2018-01-01 49712
2019-01-01 51432
2020-01-01 55895
2021-01-01 53256
2022-01-01 59236
2023-01-01 57733

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