Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Baylor County, TX
Series ID MHICIUBTX48023A052NCEN
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 19104
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22553
1994-01-01 .
1995-01-01 24559
1996-01-01 .
1997-01-01 26538
1998-01-01 27325
1999-01-01 26565
2000-01-01 28089
2001-01-01 27223
2002-01-01 27084
2003-01-01 27876
2004-01-01 28674
2005-01-01 29208
2006-01-01 30903
2007-01-01 33657
2008-01-01 35464
2009-01-01 35182
2010-01-01 35152
2011-01-01 35463
2012-01-01 36116
2013-01-01 37996
2014-01-01 39844
2015-01-01 42152
2016-01-01 40543
2017-01-01 40868
2018-01-01 45248
2019-01-01 46618
2020-01-01 51291
2021-01-01 50853
2022-01-01 55197

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