Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Randall County, TX
Series ID MHICIUBTX48381A052NCEN
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 35787
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 40764
1994-01-01 .
1995-01-01 43697
1996-01-01 .
1997-01-01 47636
1998-01-01 50147
1999-01-01 47437
2000-01-01 49412
2001-01-01 48282
2002-01-01 48584
2003-01-01 48889
2004-01-01 50469
2005-01-01 50269
2006-01-01 54327
2007-01-01 55015
2008-01-01 60169
2009-01-01 58065
2010-01-01 60949
2011-01-01 60704
2012-01-01 59926
2013-01-01 63682
2014-01-01 67942
2015-01-01 65514
2016-01-01 70238
2017-01-01 66703
2018-01-01 73314
2019-01-01 74025
2020-01-01 79490
2021-01-01 78281
2022-01-01 80342

Subscribe to the FRED newsletter


Follow us

Back to Top