Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Menard County, TX
Series ID MHICIUBTX48327A052NCEN
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 16791
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 18934
1994-01-01 .
1995-01-01 22038
1996-01-01 .
1997-01-01 22794
1998-01-01 23087
1999-01-01 25159
2000-01-01 27107
2001-01-01 26238
2002-01-01 26684
2003-01-01 27502
2004-01-01 28403
2005-01-01 29564
2006-01-01 29720
2007-01-01 35835
2008-01-01 34426
2009-01-01 32811
2010-01-01 33216
2011-01-01 33402
2012-01-01 34647
2013-01-01 34484
2014-01-01 35997
2015-01-01 37885
2016-01-01 38626
2017-01-01 37835
2018-01-01 39842
2019-01-01 43096
2020-01-01 47904
2021-01-01 46709
2022-01-01 49595

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