Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Smith County, TX
Series ID MHICIUBTX48423A052NCEN
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 27824
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 31224
1994-01-01 .
1995-01-01 35110
1996-01-01 .
1997-01-01 37392
1998-01-01 38651
1999-01-01 38541
2000-01-01 41050
2001-01-01 40136
2002-01-01 40457
2003-01-01 41126
2004-01-01 42222
2005-01-01 41776
2006-01-01 44386
2007-01-01 46734
2008-01-01 49212
2009-01-01 48524
2010-01-01 47233
2011-01-01 46822
2012-01-01 49083
2013-01-01 50572
2014-01-01 48322
2015-01-01 51900
2016-01-01 55593
2017-01-01 57606
2018-01-01 60434
2019-01-01 63832
2020-01-01 65774
2021-01-01 65965
2022-01-01 70752

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