Federal Reserve Economic Data

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

Title 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Taylor County, TX
Series ID MHICIUBTX48441A052NCEN
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 1:51 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 26162
1990-01-01 .
1991-01-01 .
1992-01-01 .
1993-01-01 29901
1994-01-01 .
1995-01-01 32090
1996-01-01 .
1997-01-01 34675
1998-01-01 35469
1999-01-01 34873
2000-01-01 37295
2001-01-01 36236
2002-01-01 35513
2003-01-01 35857
2004-01-01 37079
2005-01-01 37253
2006-01-01 41182
2007-01-01 42601
2008-01-01 43645
2009-01-01 45054
2010-01-01 43779
2011-01-01 43834
2012-01-01 45689
2013-01-01 46399
2014-01-01 48163
2015-01-01 50963
2016-01-01 51388
2017-01-01 53782
2018-01-01 50750
2019-01-01 58122
2020-01-01 58239
2021-01-01 56783
2022-01-01 65795

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