Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Rains County, TX
Series ID MHICIUBTX48379A052NCEN
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 2023-01-01
Last Updated 2024-12-20 2:31 AM 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 22930
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 26416
1994-01-01 .
1995-01-01 29438
1996-01-01 .
1997-01-01 31259
1998-01-01 32426
1999-01-01 34537
2000-01-01 36606
2001-01-01 35712
2002-01-01 34991
2003-01-01 35627
2004-01-01 37117
2005-01-01 39751
2006-01-01 42259
2007-01-01 44168
2008-01-01 45345
2009-01-01 45732
2010-01-01 44803
2011-01-01 44714
2012-01-01 45196
2013-01-01 45565
2014-01-01 51017
2015-01-01 50851
2016-01-01 51973
2017-01-01 47955
2018-01-01 51267
2019-01-01 70259
2020-01-01 66899
2021-01-01 64272
2022-01-01 48906
2023-01-01 70867

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