Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Floyd County, TX
Series ID MHICIUBTX48153A052NCEN
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 23859
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26426
1994-01-01 .
1995-01-01 26827
1996-01-01 .
1997-01-01 29666
1998-01-01 30870
1999-01-01 29531
2000-01-01 30941
2001-01-01 30075
2002-01-01 28555
2003-01-01 28967
2004-01-01 30457
2005-01-01 30728
2006-01-01 33093
2007-01-01 34259
2008-01-01 35866
2009-01-01 34671
2010-01-01 36573
2011-01-01 38942
2012-01-01 37652
2013-01-01 40073
2014-01-01 40763
2015-01-01 40495
2016-01-01 44053
2017-01-01 45003
2018-01-01 43805
2019-01-01 48737
2020-01-01 50969
2021-01-01 49048
2022-01-01 51613

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