Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mason County, TX
Series ID MHICIUBTX48319A052NCEN
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 19582
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 21592
1994-01-01 .
1995-01-01 22698
1996-01-01 .
1997-01-01 25602
1998-01-01 26133
1999-01-01 30555
2000-01-01 32851
2001-01-01 32015
2002-01-01 33231
2003-01-01 34490
2004-01-01 36263
2005-01-01 38033
2006-01-01 39916
2007-01-01 41715
2008-01-01 43251
2009-01-01 40845
2010-01-01 42527
2011-01-01 42980
2012-01-01 46162
2013-01-01 46288
2014-01-01 47358
2015-01-01 49940
2016-01-01 49449
2017-01-01 52444
2018-01-01 55051
2019-01-01 61504
2020-01-01 71536
2021-01-01 63749
2022-01-01 66548

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