Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Lipscomb County, TX
Series ID MHICIUBTX48295A052NCEN
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 27722
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31391
1994-01-01 .
1995-01-01 32573
1996-01-01 .
1997-01-01 37808
1998-01-01 37233
1999-01-01 34780
2000-01-01 36288
2001-01-01 36448
2002-01-01 34647
2003-01-01 36338
2004-01-01 38656
2005-01-01 39504
2006-01-01 40817
2007-01-01 49148
2008-01-01 51011
2009-01-01 57288
2010-01-01 50736
2011-01-01 55465
2012-01-01 55973
2013-01-01 61963
2014-01-01 66495
2015-01-01 66777
2016-01-01 59569
2017-01-01 59976
2018-01-01 62374
2019-01-01 72633
2020-01-01 77143
2021-01-01 71131
2022-01-01 78715

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