Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Palo Pinto County, TX
Series ID MHICIUBTX48363A052NCEN
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 12:50 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 22867
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 25884
1994-01-01 .
1995-01-01 27867
1996-01-01 .
1997-01-01 30153
1998-01-01 31046
1999-01-01 31795
2000-01-01 34389
2001-01-01 33804
2002-01-01 33664
2003-01-01 34327
2004-01-01 35213
2005-01-01 37193
2006-01-01 38096
2007-01-01 40074
2008-01-01 44388
2009-01-01 42556
2010-01-01 43187
2011-01-01 36991
2012-01-01 44181
2013-01-01 43002
2014-01-01 44467
2015-01-01 46849
2016-01-01 47737
2017-01-01 49517
2018-01-01 50642
2019-01-01 55153
2020-01-01 64998
2021-01-01 61237
2022-01-01 62738

Subscribe to the FRED newsletter


Follow us

Back to Top