Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Concho County, TX
Series ID MHICIUBTX48095A052NCEN
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 1:51 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 20554
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 22957
1994-01-01 .
1995-01-01 23100
1996-01-01 .
1997-01-01 26326
1998-01-01 26128
1999-01-01 29869
2000-01-01 31887
2001-01-01 31270
2002-01-01 29093
2003-01-01 30205
2004-01-01 31607
2005-01-01 35133
2006-01-01 36746
2007-01-01 39210
2008-01-01 41363
2009-01-01 40434
2010-01-01 37016
2011-01-01 39152
2012-01-01 40536
2013-01-01 42968
2014-01-01 44935
2015-01-01 44143
2016-01-01 43954
2017-01-01 46868
2018-01-01 45595
2019-01-01 48550
2020-01-01 54726
2021-01-01 54515
2022-01-01 57586

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