Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Mills County, TX
Series ID MHICIUBTX48333A052NCEN
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 20181
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 23030
1994-01-01 .
1995-01-01 24936
1996-01-01 .
1997-01-01 27125
1998-01-01 27571
1999-01-01 30747
2000-01-01 32752
2001-01-01 31549
2002-01-01 31029
2003-01-01 31293
2004-01-01 32902
2005-01-01 35961
2006-01-01 37252
2007-01-01 39178
2008-01-01 38861
2009-01-01 37991
2010-01-01 39574
2011-01-01 42906
2012-01-01 42424
2013-01-01 43969
2014-01-01 42467
2015-01-01 45145
2016-01-01 48145
2017-01-01 47184
2018-01-01 50462
2019-01-01 52380
2020-01-01 56199
2021-01-01 60541
2022-01-01 64201

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