Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Parker County, TX
Series ID MHICIUBTX48367A052NCEN
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 32522
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 35887
1994-01-01 .
1995-01-01 40572
1996-01-01 .
1997-01-01 43501
1998-01-01 45497
1999-01-01 47095
2000-01-01 50230
2001-01-01 49261
2002-01-01 49876
2003-01-01 50412
2004-01-01 52549
2005-01-01 56232
2006-01-01 57220
2007-01-01 63749
2008-01-01 64158
2009-01-01 66280
2010-01-01 61588
2011-01-01 68873
2012-01-01 67686
2013-01-01 64463
2014-01-01 72125
2015-01-01 71622
2016-01-01 72560
2017-01-01 79148
2018-01-01 79745
2019-01-01 87484
2020-01-01 94984
2021-01-01 91194
2022-01-01 101302

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